Energy Industry
Industry: Email Alert RSS FeedThe European Market.(Industry overview)
APS Review Downstream Trends, June, 2009
Most of KPC's west of Suez operations are located in Europe, where KPI has a network of almost 5,000 service stations rationalised and improved in recent years, compared to almost 7,500 stations in 2000. These give KPI a 6.8% share of the West European market: 24% in Denmark, 17% in Belgium, 12% in Sweden, over 11% in Italy, and 4.5% in the Netherlands. KPI has 50% in a 300,000 b/d refinery in Italy, plus closed refining plants converted into storage facilities, a revamped and upgraded refinery at Rotterdam, and seven lubricants plants.
West Europe provides an outlet for a big part of Kuwaiti oil exports, with KPI's network trading 400,000 b/d of its Q8 brand of gasoline and other products. KPC is to raise KPI's European retail network to 500,000 b/d and a...
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