API
< Back to all clusters
[BUSINESS] · Germany, Spain, France, Italy, Netherlands · 21 sources

started · updated

European Commission initiates dialogue to boost refinery production

The European Commission has launched a strategic dialogue with the refining industry to increase the production of essential fuels, specifically diesel and aviation kerosene. This initiative follows warnings from Energy Commissioner Dan Jørgensen that the global diesel market is expected to remain under pressure until 2027, which could maintain high fuel prices for consumers and businesses.

EU refineries currently supply approximately 70% of aviation fuel and 85% of diesel consumed within Europe. However, the bloc has seen a decline in refining capacity, with about 25% of EU refineries closing over the last two decades, reducing total capacity by approximately 10%.

The discussions, co-led by Commissioners Dan Jørgensen and Andrius Kubilius, also involve NATO and industry representatives. A key focus is ensuring fuel security for military readiness, as Commissioner Kubilius noted that defense is impossible without adequate fuel supplies. The Commission is evaluating industry proposals to optimize production, which may include the temporary relaxation of certain technical fuel standards to alleviate supply pressures.

Entities

Andrius Kubilius · Dan Jorgensen · Dan Jørgensen · European Commission · European Union · International Energy Agency · NATO · Repsol · Shell

Claims

What the coverage asserts, and how many sources carry each claim.

Sources