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DECC review of the refining and fuel imports sectors in the UK

PRESS RELEASE
9 April 2014
 

The UK Petroleum Industry Association is pleased to see the publication of the Department of Energy and Climate Change’s review of the refining and fuel imports sectors in the UK. 

We welcome the government’s focus on this sector and thank the DECC team for their important work. However, the UK refining sector faces challenges that threaten the sustainability of the industry, not least the cost of cumulative regulatory burden imposed upon the sector by legislators. It is therefore unfortunate that the review does not fully address many of the wider legislative issues affecting our sector in the UK and its ability to compete effectively in today’s global market. 

The review commissions a joint government and industry Midstream Oil Task Force to help address some of these challenges. It is critical that this Task Force targets fundamental policy reform. UKPIA looks forward to working with government via the Task Force and to lend its support in achieving urgent and measurable actions. 

Chris Hunt, Director General of UKPIA, commented: “We stand ready to support the Task Force in both addressing the concerns and challenges facing our downstream oil industry in the UK and in achieving urgent, identifiable and quantifiable initiatives for our sector.” 

Ends

Enquiries to: UKPIA Press Office, 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 and source close to 90% of all petroleum products used. UKPIA members also own around 1,900 of the 8,600 filling stations in the UK.
  2. For a copy of the Department of Energy and Climate Change's review of the refining and fuel imports sectors in the UK, click here

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