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Crude Oil Logistics, Production and Refining in Northern Europe

Author

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  • Vladimir Pavlovich Klepikov

    (National Research University Higher School of Economics, Russia,)

  • Vladimir Vladimirovich Klepikov

    (PricewaterhouseCoopers, Russia.)

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.

Suggested Citation

  • Vladimir Pavlovich Klepikov & Vladimir Vladimirovich Klepikov, 2018. "Crude Oil Logistics, Production and Refining in Northern Europe," International Journal of Energy Economics and Policy, Econjournals, vol. 8(5), pages 18-28.
  • Handle: RePEc:eco:journ2:2018-05-3
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    References listed on IDEAS

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    Cited by:

    1. Klepikov, Vladimir Pavlovich & Klepikov, Vladimir Vladimirovich, 2020. "Quantitative approach to estimating crude oil supply in Southern Europe," Resources Policy, Elsevier, vol. 69(C).

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    More about this item

    Keywords

    Oil Logistics; Oil Production; Oil Refining.;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
    • L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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