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Written question asked by Graham Leadbitter (Scottish National Party) on Tuesday, 8 July 2025, in the House of Commons. It was due for an answer on Friday, 11 July 2025 (named day). It was answered by Michael Shanks (Labour) on Friday, 11 July 2025 on behalf of the Department for Energy Security and Net Zero.

Oil: Refineries

Question

To ask the Secretary of State for Energy Security and Net Zero, how much (a) has been spent to date and (b) he expects to spend on measures to continue the operation of the Prax Lindsey Oil Refinery.

Answer

As I sent out in my Written Ministerial Statement on 1 July 2025, the Government is providing the Official Receiver with short-term funding to cover the essential operating costs of the refinery as a result of the unexpected insolvency of the company. The final operating cost will depend on market conditions and the strategy adopted by the Official Receiver, and this will be subject to close scrutiny and governance by the Government and the insolvency office holders. This funding is necessary to provide the Official Receiver with the necessary tools to fulfil their statutory duties and to avoid an immediate, unsafe shutdown of the refinery.

Secondary information

Type
Written question
Reference
66047
Session
2024-26
Related items
Subjects
Government assistance Oil Refineries Lincolnshire Prax Group
Contains statistics
Yes
Link
View this Written question on www.parliament.uk