The alarm of the oil companies: «Sector at risk with new taxes»
In view of the government's next moves, in search of new funds for more selective interventions against the high cost of fuel, the oil industry players are stepping into the fray and, in a letter sent...
Italy's oil industry association, Unem, has warned the government against introducing further taxes on the sector, citing concerns that it would discourage investment and lead to a further decline in the country's refining capacity. In a letter to Prime Minister Giorgia Meloni and Environment Minister Gilberto Pichetto Fratin, Unem president Gianni Murano argued that the current energy market crisis is not due to a lack of crude oil, but rather a shortage of refining capacity in Europe.
The association claims that the government's policies have prioritized decarbonization over energy security, leading to the closure of refineries and increased reliance on imported refined products. Unem is calling for a stable and predictable regulatory framework to allow the sector to invest in its future.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
