The UK's decision in 2016 to leave the European Union presents a number of significant challenges and opportunities to the UK downstream oil sector.
UKPIA has been consistent throughout the negotiations that a deal between the UK and EU that enables barrier-free trade, retains UK collaboration in EU-wide systems and which allows for a sustainable and resilient sector should be the top priority for all sides.
A deal with the EU was needed to maintain the competitive and efficient supply of fuels in this country. It was essential an agreement is concluded that meets the needs of industry and the consumers reliant on the products we provide.
Now that a deal has been finalised, attention now turns to working with Government and companies to work through the challenges of implementing the public policy changes, that have arisen through the new agreement. We will continue to engage with government to allow for the best outcomes for industry, consumers and government alike.
To learn more, read our briefing papers below or contact info@ukpia.com to speak to one of our specialists.