Crude Oil Logistics, Production and Refining in Northern Europe

Vladimir Pavlovich Klepikov and Vladimir Vladimirovich Klepikov
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Vladimir Pavlovich Klepikov: National Research University Higher School of Economics, Russia,
Vladimir Vladimirovich Klepikov: PricewaterhouseCoopers, Russia.

International Journal of Energy Economics and Policy, 2018, vol. 8, issue 5, 18-28

Abstract: To develop the programs to supply crude oil to North European refineries, it is necessary to take into account refineries location, oil refining capabilities and transportation infrastructure capacity. The paper envisages the geographic allocation of refineries and contains the evaluation of refineries capacities. Sustainable operations of the refineries are determined by transportation system. The assessment of capacity of crude oil transportation to the refineries is conducted. Change in the refineries capacities and the utilization of the refineries in the Northern European region was studied. Research is performed for the period of 2005/2015. The study yielded the trend towards increase in crude oil output and refining in the region. If this trend persists, the cargo flow of imported crude oil and the utilization of logistics infrastructure may increase. According to the study, the existing transport and refining infrastructure in the region is able to handle the increasing imported crude oil flow.

Keywords: Oil Logistics; Oil Production; Oil Refining. (search for similar items in EconPapers)
JEL-codes: F23 L71 L95 O52 R12 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2018-05-3

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