01972nmc a2200205 4500 20260520005701.0 260224s xxu CD W938 1 0013960 WPC (16th.) Trends towards globalization in Eastern Europe 12/09/06 ; 26/08/2003 8 p. Resumen del autor, extraído del trabajo. The reshaping of East European economies shows considerable differentiation at present stage of transition. Consequently, the region’s petroleum industries have been restructured and privatized differently, in dissimilar competition environments. The paper will briefly review the outcomes of the changes. The countries of the region, with the exception of Russia, are net oil importers; they endeavor to establish partnerships focusing on downstream. The option will be discussed: the companies are likely to be owned by strategic investors or they try to ensure their growth by creating regional partnerships. The entities of newly emerged states face big challenges finding the appropriate strategy. Examples of the industry’s endeavors will be provided like the joint operation of the Druzhba-Adria pipeline system that makes the export of Russian oil possible to the Mediterranean. The paper will consider the impacts of the possible EU membership on the region’s refining industry necessitating the compliance with the strict environmental requirements. It will be stressed that globalization can primarily be achieved through regional partnerships or alliances enabling simultaneously to meet the necessary growth criteria. The paper will assess short and longer term prospects for the first decade of the new millenium. v. 5, p. 68 CONGTP Tóth, J. 4245 World Petroleum Congress (16th. : 2000 jun. 11-15 : Calgary, Alberta, Canada) 34 Tóth, J. 4245 133755 133755 0 0 0 0 204674 BAAB BAAB CD W938 1 0013960 2026-03-04 200006357 0 CD W938 1 0013960 200006357 2026-03-04 14:03:45 2026-03-04 ARCHIVO