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.





  • Weekly
    Retail
  • Weekly
    wholesale
  • Daily
    Average
Weekly retail fuel prices: 9 July 2018
RegionDieselLPGSuper ULUL
East131.9863.50137.96128.56
East Midlands131.22139.91128.09
London132.0063.90140.12128.84
North East131.0264.90140.64127.46
North West131.2157.70139.91127.57
Northern Ireland130.4269.90135.40127.64
Scotland131.53135.41127.88
South East132.2056.90139.61129.13
South West131.65137.84128.39
Wales131.3059.90135.44127.73
West Midlands130.86137.08127.70
Yorkshire & Humber130.6370.90139.43127.69

Most read

Are you hopeful the government inquiry highlighting the malign impact of unregulated hand car washing will significantly reduce the number of cowboy operators?

Calendar

See all events