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Item Details
| Title:
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UK OIL REFINING
THIRD REPORT OF SESSION 2013-14, VOL. 1: REPORT, TOGETHER WITH FORMAL MINUTES, ORAL AND WRITTEN EVIDENCE |
| By: |
Great Britain: Parliament: House of Commons: Energy and Climate Change , Tim Yeo |
| Format: |
Paperback |
| List price:
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£17.50 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
0215061365 |
| ISBN 13: |
9780215061362 |
| Publisher: |
TSO |
| Pub. date: |
26 July, 2013 |
| Series: |
House of Commons Papers |
| Pages: |
129 |
| Synopsis: |
The oil refining industry is an important component of the UK energy mix, particularly in the transport sector, and sustains an estimated 26,000 indirect and direct jobs. At a time of increased global demand, UK domestic production is in decline, leading to an increased reliance on imports. Regulatory and legislative burdens have added to industry costs, and UK industry has not managed to keep pace with the global shifts in supply and demand. The aim of this inquiry was to gather evidence and make recommendations ahead of DECC's review of UK oil refining which is expected to be published toward the end of this year. Since 2009, two refineries have closed and the UK currently has seven refineries in total. Domestic production cannot keep pace with rising demand, especially for diesel products. The Committee heard that the UK is reliant on imports for 56% of its jet kerosene. Such reliance on imports could have significant implications for energy security and resilience. It is also worrying for the estimated 26,000 jobs connected to the oil refining industry in the UK. UK industry is struggling to compete under the burden of UK and EU regulations and legislative requirements.It is clear that a level playing field must be established for all operators if UK oil refining industry is to continue growing. The transportation duty regime could disadvantage UK refiners. Such disparities should be remedied wherever possible. The proposed EU "fitness checks" should help determine the suitability of current regulations and introduce mitigation measures where necessary. |
| Illustrations: |
col. figs |
| Publication: |
UK |
| Imprint: |
TSO |
| Returns: |
Non-returnable |
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