The estimated forward cost of EU legislation for the EU refining industry

Report no. 11/14: This Concawe report provides an estimation of the cost burden imposed on EU refineries over the period from 2010 to 2020 by a number of EU legislative and implementing acts.

It is concluded that the regulations under consideration have the potential to significantly increase the operating costs of the EU refining industry thereby impairing its competitive position relative to other world regions where similar legislation is not enacted or is enforced at later dates