Particle.news

Download on the App Store

Grangemouth Refinery to Cease Operations in 2025

Petroineos Plans Transformation into Fuels Import Terminal Amid Energy Transition

  • Scotland's only oil refinery, Grangemouth, is set to cease operations in 2025, putting hundreds of jobs at risk.
  • Petroineos, the firm that owns the refinery, plans to transform the site into a fuels import terminal due to global market pressures and the energy transition.
  • The refinery is expected to continue operating until at least spring 2025, and the transformation work is expected to take 18 months.
  • The company also plans to convert its existing export terminal at Finnart into a diesel import facility.
  • Unions and political parties have expressed concern over the livelihoods of the workers and the impact on the national and local economies.
Hero image