After closing an oil refinery, the government said it was unable to find a buyer for it.
The official receiver captured the Lindsay Oil Refinery at the North East Lincolnshire last month, when its owner Prax went into administration, putting 420 jobs at risk.
Energy Minister Michael Shanx said, “No reliable proposals have been made to buy the entire refinery and it will reduce operation”.
The Prax Group, headed by Chairman and Chief Executive Sanjeev Kumar Susipilai, bought a refinery from French company Kul in 2021.
In a statement, Shanx said: “We are deeply disappointed with the unstable situation in which the owners left the Prex Lindsay Oil Refinery.
“Our sympathy is with workers, their families and local community.
“While we firmly encourage owners to do civilized work and are committed to publicly supporting workers, all those working directly in the refinery guarantee jobs in the coming months.
“The government will immediately provide a comprehensive training guarantee for these refinery workers to ensure that they have their need skills and are supported to find jobs in the growing clean energy workforce.”
He said the official receiver “continues to pursue interest in personal property”.
Local orthodox MP Martin Vicers closed as “very bad news” for the region.
He called the government for a long time to support the plant “while more possible proposals came”.
“Of course, it is not the government’s fault that it joined the difficulties,” he said.
“But I hope they would recognize the importance of a piece of national infrastructure.”
Vicers said that he had raised a question about the future of the refinery in the House of Commons.
The Unite Union had earlier stated that closing the Imminham refinery can affect 1,000 jobs keeping in mind the contractors and the supply chain.
Mick Simpson from Unite said that the Insolvency Team had said that the Sangh had “no excess of core workers before 31 October.
“People are going to be worried about their livelihood,” he said.
“Things like hostage and their bills still need to be paid and it is very difficult for so many people to find alternative appropriate employment at a time.”
Activist Dan Wood described the mood in the refinery as “very little”, saying that employees were limited.
He said, “Why can’t the government do this with British steel?”
“They are financing the ongoing cost of British steel, I believe why can’t we do something similar?”
The Department of Energy Safety said that the financial reports of the Prax Group indicated that the plant had a loss of about £ 75M between 2021 and in February 2024.
According to the government, Lindsay is the smallest of Britain’s oil refineries.
It is located next to the large Philips 66 Hamber refinery, which continues to operate.
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