31/07/2014

Deal Done To Save Murco Oil Refinery

Four hundred jobs have been saved at the Murco oil refinery in Milford Haven after a buyer was found for the site.

The refinery was facing closure following an announcement by owners Murphy Oil that it would no longer be buying crude oil for Murco to process.

In April an alleged £300m deal that would have kept the site open fell through and it looked like all four hundred jobs at the refinery would be lost.

It has now been confirmed that the Klesch Group has singed a purchase a agreement for Murco oil refinery.

Klesch Group is said to be "excited" about taking on the refinery and becoming "involved in the community there."

(MH/CD)

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