Europe diesel supplies to lag demand-Hellenic CEO

from Reuters-UK News Service:
By Ikuko Kao

BRUSSELS, Oct 22 (Reuters) - Diesel supplies will become tighter in Europe in the years to come because of stricter environmental regulations, the Chief Executive Officer of Greece's Hellenic Petroleum SA (HEPr.AT: Quote, Profile, Research) said on Monday.

Panos E. Cavoulacos said many refinery upgrading projects would lag behind an expected growth in demand for the fuel.

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