EU Distillate Refining Yield Growing as
Gasoline Yield Shrinks
Gasoline Yield
Distillate Yield
Note: Distillate is heating oil and diesel.
Source: IEA
S
Europe’s refiners have responded to the change in demand by increasing their distillate yield – both by operating changes and by some investments.
S
However, this shift has not been sufficient to match the demand shift from gasoline to diesel.
S
European refiners need additional process facility changes to further increase distillate yields and reduce gasoline production.