Closure of Grangemouth Oil Refinery (Update)

Part of Portfolio Question Time – in the Scottish Parliament at 3:03 pm on 30 October 2024.

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Photo of Kate Forbes Kate Forbes Scottish National Party 3:03, 30 October 2024

As Richard Leonard will know, Petroineos announced on 12 September that refining would cease during the second quarter of next year. That is a commercial decision that was taken by the business alone and despite the joint efforts of the Scottish and United Kingdom Governments to secure those investments in the asset beyond 2025.

It is our understanding that the immediate impact of that decision will be the loss of around 400 full-time roles. We are all—jointly, as Governments—committed to doing all that we can to support the workforce during the transition period. That is why we announced the provision of tailored skills training at Forth Valley College, which is supported by both Governments and is targeted towards those who are directly impacted by the decision.