Written Question·Department for Energy Security and Net Zero·UIN 11497
Refineries: Grangemouth
Tabled: 28 October 2024
Answered: 5 November 2024
Question
Brian Leishman
Labour — Alloa and Grangemouth
To ask the Secretary of State for Energy Security and Net Zero, what information his Department holds on the potential amount of funding required to keep the Grangemouth oil refinery in operation for the next 12 months.
Answer
Michael ShanksGrangemouth refinery is a private business owned by Petroineos. Petroineos stated that its shareholders have invested more than $1.2bn since 2011 to maintain the refinery’s safe operation, recording losses in excess of $775m during the same period. The co...
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