UKPIA Director-General Stephen Marcos Jones, said: “The UK Government’s decision not to amend the draft tariff schedule for petroleum products is disappointing, and likely to create significant long-term competitive issues for UK refineries. UKPIA and our refining members have consistently argued that, in the event that the UK leaves the EU without an agreement, the UK Government should introduce a reciprocal tariff regime for petroleum products to ensure a level playing field for UK industry. This remains the best way forward to ensure a resilient domestic fuel manufacturing sector that currently provides UK consumers with the cheapest pre-tax petrol and diesel prices in the EU, and we will continue to press our case urgently with Ministers in the coming days.”
Ends
Notes to Editors:
The UK Petroleum Industry Association (UKPIA) represents eight oil refining and marketing companies that operate the six major oil refineries in the UK and source over 85% of the transport fuels used. UKPIA members also own around 1,250 of the UK's 8,476 filling stations in the UK.
Enquiries to UKPIA Press Office:
Jamie Baker, Director of External Relations, +44 (0) 2072 697 605
Will James, Communications & Membership Specialist, +44 (0) 2072 697 604