Lindsey oil refinery owner Prax falls into administration as ministers urged to intervene
Comments Off on Lindsey oil refinery owner Prax falls into administration as ministers urged to interveneFears over fuel supplies and jobs as Lincolnshire facility handles nearly a tenth of total UK capacity
One of the UK’s largest oil refineries – and the only big one owned by a British company – has collapsed into administration, prompting calls for the government to intervene urgently to protect fuel supplies and jobs.
State Oil, which owns the Prax Lindsey refinery in north Lincolnshire, called in administrators on Monday, Sky News reported first, prompting concern from the trade union Unite.