Forecourt Trader - 30 years at the heart of the fuel retailing community

Warning on future of UK refineries

04 June, 2013
Page 4 

A serious threat to the survival of UK oil refining has been highlighted in a new report sponsored by UKPIA.

The independent report by IHS Purvin & Gertz, which was commissioned by UKPIA, says the UK is already at a high risk level for supply of diesel and jet fuel and close to high risk for kerosene heating oil, and further refinery closures could increase this exposure.

It also warned it would cost £11.4bn in the period 2013-2030 to meet UK and EU legislative measures.

The report concluded that no industry would bear such a mandatory investment burden and a consequence could be the closure of more UK refineries.





My Account

You are not logged in.
  • Weekly
    Retail
  • Weekly
    wholesale
  • Daily
    Average
Weekly retail fuel prices: 2 October 2017
RegionDieselLPGSuper ULUL
East120.5363.90127.17119.00
East Midlands120.03127.76118.80
London120.3757.90128.81118.85
North East119.80129.71118.46
North West120.19127.87118.63
Northern Ireland119.22125.23117.53
Scotland120.2463.80126.78118.50
South East120.7259.90129.39119.48
South West120.39128.00119.02
Wales120.0459.90126.47118.61
West Midlands120.0865.90128.12118.84
Yorkshire & Humber119.73127.02118.57

Most read

As many forecourt operators continue their quest for expansion - driving up forecourt prices - could you be tempted to sell your business?