Business · Energy & Commodities · 10 hrs ago

Governments seek to keep Dutch refineries producing amid fuel price rises

Governments seek to keep Dutch refineries producing amid fuel price rises

Refineries in Rotterdam and Vlissingen produce petrol, diesel and jet fuel for Europe.

High prices and concerns about a diesel shortage have made governments more focused on keeping that production available.

Europe relies partly on imports of diesel and jet fuel, and the war in the Middle East has pushed up prices.

The European Commission plans a strategic dialogue on the future of European refineries, aiming to reduce costs and maintain supplies, including for defence.

Dutch refineries face higher production costs than facilities in some other parts of the world, including costs linked to carbon permits and electricity.

The Dutch government must balance keeping refineries running in the near term with reducing their emissions and developing alternatives such as green hydrogen and biofuels.

Climate Minister Stientje van Veldhoven is due to present plans for the future of refining in the Netherlands next week.

Sources

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