“A Cinderella story?” Restructuring of the European refining sector

“A Cinderella story?” Restructuring of the European refining sector / Jochem Meijknecht, Aad Correljé, Bart van Holk. Clingendael International Energy Programme, avril 2012, 123 p. (CIEP paper)


In recent years the European refining sector has been going through intense restructuring. Between 2008 and 2012 some 30% of total European refining capacity changed hands, was mothballed or converted. In early 2012, the largest independent European refiner had to file for insolvency. Struggling to cope with adverse regional market conditions and global competitive pressures, refiners are reducing their exposure to the European refining sector. Concerned by widespread ownership changes and refinery spin-offs, European (and national) authorities are increasingly concerned about the potential consequences for the European security of supply. This CIEP energy paper therefore analyses the current phase of restructuring of the European refining sector. We identify serious consequences for European security of supply of crude oil and oil products, and question whether we should continue to follow a ‘business as usual’ path. (© CIEP)

Citer ce billet
Danièle Revel (2012, 19 avril). “A Cinderella story?” Restructuring of the European refining sector. Veille énergie climat. Consulté le 19 juin 2024, à l’adresse https://doi.org/10.58079/o9mg

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