EU REFINING—2: Refiners to add more conversion, pay more for more complexity

On Nov. 17, 2010, the European Commission adopted a "Communication 'Energy infrastructure priorities for 2020 and beyond—A Blueprint for an integrated European energy network.'" In the document, the commission defines EU "priority corridors" for the transportation of electricity, gas, and oil (OGJ Online, Nov. 18, 2010).A background document released at the same time—"Commission Staff Working Paper: On Refining and the Supply of Petroleum Products in the EU"—presents an overview and analysis of problems facing European refiners.This is the second of three articles that present the elements of that working paper. The first article (OGJ, Jan. ...

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