ABSTRACT

Introduction In the context of fuels for transport, petroleum plays a predominant role, hence this paper will give greatest consideration to petroleum products.

The historical development of the Oil Industry and its markets is very relevant to the present quality of transport fuels. The large investments already made and the even larger ones that would be required to fundamentally change both the refining units of oil products and the equipment which consumes them inhibits the basic approach that might look at the resource and say how best can it be used. Consideration of future fuel types and their availability must be based on evolution rather than revolution, recognising that changes involving investment both in respect to the user and the producer, even in evolutionary changes, need five or more years lead time. It is, in fact, a main purpose of the series of papers, of which this is but one, to promote government, public and industry to trigger the changes that prepare a more certain future.