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Refineries: Grangemouth

Asked by Brian LeishmanLabourDepartment for Energy Security and Net ZeroTabled Answered 8 October 2024UIN 5804

The question

To ask the Secretary of State for Energy Security and Net Zero, what discussions he has had with stakeholders on (a) plans for the industrial future and (b) the workforce that could in future be based at the Grangemouth site in Scotland, in the context of the planned closure of the oil refinery in 2025.

Answered by Michael Shanks

It was deeply disappointing that Petroineos confirmed its previous decision to close the oil refining operation at Grangemouth.

Since taking office, the Secretary of State and I have taken joint action with the Scottish Government to urgently engage with the company and its shareholders, leaving no stone unturned to find an industrial future for the site.

In response to the company’s decision, the UK and Scottish Governments announced a joint £100 million investment package for Falkirk and Grangemouth; immediate career support to help the workforce; and a joint-funded £1.5 million project to find viable long-term options for the site, with potential for future support from the National Wealth Fund.

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