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.

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Weekly retail fuel prices: 19 March 2018
RegionDieselLPGSuper ULUL
East Midlands122.46131.58119.60
North East121.7959.90131.53118.66
North West122.0658.80129.31118.83
Northern Ireland121.4469.90127.23119.16
South East123.2769.90131.23120.66
South West122.83128.65119.82
West Midlands121.83129.90119.22
Yorkshire & Humber121.66129.86118.80

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