21 Jun 1995

Interim report on the European refining implications of severe reformulation of gasoline and diesel fuel

Report no. 95/54: This report records the results of a study to assess the EU-12 refining industry implications of severe universal reformulation of gasoline and diesel fuel individually and together, in terms of investment and operating costs, energy consumption and carbon emissions.

It concludes that the edge of the envelope within which a practical set of reformulation options might lie would require an investment of up to the US $40-60 billion, would increase refining own use and loss from about 8% to 11% of throughput and would increase overall CO2 emissions by up to 55 Mt/yr. This is an interim report and the study will go on to assess fuels packages lying within this envelope which are options needing cost/ benefit assessment under the European Auto/Oil Programme.