Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an assessment of the (a) adequacy of the UK's oil refining capacity and (b) potential opportunities for refining (i) bio oils and (ii) other greener products.
The UK remains well-supplied from a diverse range of sources and refining capacity is assessed as adequate. UK demand for diesel is met by a combination of domestic production and imports. There is an oversupply of petrol and the UK is a net exporter. BEIS continually monitors the fuel supply market to remain aware of current supply levels and publishes weekly national average forecourt stock levels. All UK refinery operators are in the process of exploring opportunities to move to greener products and transition towards the Government’s net zero target.