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.
Grangemouth 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 company made clear that there was no viable commercial future for the refinery operation at Grangemouth.