Energy Minister Acknowledges Critical Role of Downstream Oil Sector

UK Petroleum Industry Association
23rd June 2010

PRESS RELEASE

 

Energy Minister acknowledges critical role of downstream oil sector

In the introduction to UKPIA’s 2010 Statistical Review, published today, Energy Minister Charles Hendry commented: “The UK oil industry, from offshore production to the downstream oil sector represented by UKPIA, plays a critical role in the life of the nation; by delivering secure supplies of energy, contributing to our broader economic development and by helping us adapt to the challenges posed by climate change. This role is particularly challenging (and particularly valued) at a time when the wider economy is experiencing significant financial challenges.”

The background of challenging times for oil refining was echoed by UKPIA President Brian Worrall who commented: “A climate conducive to the continued development of a strong and viable downstream sector needs to be promoted and with this in mind, UKPIA and its members are looking at a number of key legislative and other actions that we feel may help the Industry. Industry and government working together will be an essential feature of meeting the future challenges and we look forward to addressing these matters with the new Minister and his team at DECC in the coming months".

Ends

Enquiries to:
UKPIA, Nick Vandervell +44 (0)20 7269 7604


Notes to editors:

  1. UKPIA represents the nine main oil refining and marketing companies operating in the UK, which also own approximately 2,229 of the UK's 8,921 service stations.
  2. The UKPIA Statistical Review 2010 published today contains a wealth of data and commentary on UK transport fuel demand, refinery output, emissions and safety. It can be viewed by clicking here.