Business Secretary Announces Further Measures to Alleviate Short Term Fuel Issues

ACS has met with the Business Secretary alongside other representatives in the fuel industry, highlighting the current issues with demand.  

As a result, Businesses Secretary Kwasi Kwarteng has agreed to implement a measure to temporarily exempt industry from the Competition Act 1998 for the purpose of sharing information and optimising supply.

Known as The Downstream Oil Protocol, this step will allow Government to work constructively with fuel producers, suppliers, hauliers and retailers to ensure that disruption is minimised as far as possible.

The measure will make it easier for industry to share information, so that they can more easily prioritise the delivery of fuel to the parts of the country and strategic locations that are most in need.

Business Secretary Kwasi Kwarteng said: "We have  long-standing  contingency plans in place to work with industry so that fuel supplies can be maintained and deliveries can still be made in the event of a serious disruption. While there has always been and continues to be plenty of fuel at refineries and terminals, we are aware that there have been some issues with supply chains. This is why we will enact the Downstream Oil Protocol to ensure industry can share vital information and work together more effectively to ensure disruption is minimised. We thank HGV drivers and all forecourt staff for their tireless work during this period."

In a joint statement, stakeholders including ACS said: "We are in regular contact with Government ministers and policy officials and it was reassuring to meet with the Business Secretary again on Sunday evening and discuss further action. We will continue to work closely in partnership over this period with local and national Government and want to reassure the public that the issues that have arisen are due to temporary spikes in customer demand, not a national shortage of fuel."

The full list of stakeholders involved in the meeting is as follows: 

  • Fuels Transport and Logistics (FTL)
  • Greenergy
  • Wincanton
  • Shell
  • Certas
  • XPO
  • UK Petroleum Industry Association (UKPIA)
  • Association of Convenience Stores
  • ExxonMobil
This entry was posted by Chris on Mon, 27/09/2021 - 09:33