News & Press
All news

Grangemouth and UK Refineries

PRESS RELEASE

25 October 2013

The UK Petroleum Industry Association welcomes the news that the Grangemouth oil refinery in Scotland, owned by Petroineos, is to immediately restart and that the INEOS petrochemical business will reopen with immediate effect.

UKPIA commented: “We welcome Ineos Grangemouth (UK) announcement that the petrochemical business will reopen and the oil refinery will restart with immediate effect”.

“Our refining industry in the UK is facing a number of challenges that threaten its future and have implications for the economy nationally and regionally and potential impacts upon energy security of supply. Legislative pressures, coupled with structural and commercial factors, are placing our industry under huge strain”.

UKPIA added: “UKPIA calls for robust outcomes from the Government’s forthcoming review into the UK oil refining industry and an urgent analysis of legislative impacts in early 2014 through the legislative ‘Fitness Checks’ being undertaken at the EU level via the Refining Forum (2), established by the European Commission”.

Ends

 

Enquiries to: UKPIA, Tel. 020 7269 7600

                             

Notes to Editors:

1.    UKPIA represents nine oil refining and marketing companies that operate the 7 major oil refineries in the UK; the refineries processed 69 million tonnes of crude oil and produced 70.3 million tonnes of refined products in 2012 (Source: DECC- DUKES data). UKPIA members also own around 1,600 of the 8,700 filling stations in the UK.

2.      The Refining Forum was established by the European Commission under the leadership of the DG for Energy at the end of 2012. It involves Member States, the Commission, Members of the European Parliament, Industry and Trade Unions to discuss and address the competitiveness challenges faced by the industry. An objective of the forum was to examine the impact of legislation upon competitiveness through a process of ‘fitness checks’ as envisaged by the Commission’s policy on Industrial Competitiveness. At the first forum meeting in April 2013 it was indicated that the Fitness Checks would not be completed until the end of 2014 and would only include existing or planned legislation not FQD Article 7a or IED impacts.

3. For more information on the Grangemouth refinery, click here.

 

Facebook Digg It! StumbleUpon Del.icio.us

News archives

Older archives

Look back through the archived news stories from the past few years.

News from 2008 and 2010

Printer-friendly version

Contact us

London

UK Petroleum Industry
Association Ltd.
Swan House 
37-39 High Holborn
London 
WC1V 6AA

Tel: 020 7269 7600
info@ukpia.com

 

Connect with UKPIA

 

    

UKPIA - News RSS Feed