The collapse of a deal for the oil refinery in Milford Haven is “very disappointing”, David Cameron has said.
But the Prime Minister insisted ties should not be cut with Klesch Group, which is also in the process of buying Tata Steel’s long products division.
Mr Cameron made the remarks in answer to Labour MP Tom Greatrex who highlighted concern about the Swiss-based firm’s intentions given its record of “asset stripping”.
A third UK refinery shutdown in five years will put hundreds of people out of work while making only a small dent in the estimated TWO million barrels a day of European capacity that must go by 2020.
Murphy Oil Corp (MUR) will close the Milford Haven refinery in Wales after a sale to Klesch Group collapsed, ending a four-year search for a buyer and resulting in “significant” redundancies, the U.S. oil company said late yesterday.
