UK Petroleum Industry Association
15th June 2009
The Challenges for UK Oil Refining in a Global Context
“Keeping the wheels of the UK economy turning whilst also meeting policies that aim to move the economy to a lower carbon future, remains a key challenge for the UK oil refining industry”, said Janet Ashdown President of UKPIA launching the 2009 Statistical Review at the House of Commons today.
She continued, “Energy will remain a key global issue in the future, with focus in the UK and elsewhere increasingly upon security of supply and climate concerns.These are big challenges in themselves. However, in the UK, as in the rest of the EU, the industry is also having to address the increasingly unbalanced demand for petrol and diesel that potentially will increase refinery emissions because of more energy intense processes to produce that extra diesel within the EU.”
She concluded “UK refining will continue to have a pivotal role in keeping future transport fuel supply options open that complement various alternative energy sources. This could be particularly important not just for road transport but also for transport modes where developing alternatives may be more technically difficult or impractical. Refining will remain important, too, as a source of feedstocks for other products such as plastics, solvents, synthetic rubber, lubricants, fibres, petrochemicals, bitumen and high grade petroleum coke for steel and aluminium smelting."
Nick Vandervell +44 (0)20 7269 7604
Notes to editors:
- UKPIA represents the nine main oil refining and marketing companies operating in the UK, which also own approximately 2,190 of the UK's 9,264 service stations.
- The UKPIA Statistical Review 2009 published today contains a wealth of data and commentary on UK transport fuel demand, refinery output, emissions and safety.