The Labour MP representing Grangemouth has called on the UK government to nationalise the site's oil refinery to maintain operations and save jobs. Brian Leishman said it was a matter of public interest and national security.

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Petroineos stated in the release that, while preparing the refinery site for the transition to an import terminal, it is simultaneously working with UK and Scottish governments to analyze options for Grangemouth to become a low-carbon fuels manufacturing hub.

Petroineos said the closure of Grangemouth was due to it being unable to compete with more modern foreign sites.

The Labour MP for Grangemouth has said the UK Government should consider taking over the town's closure-threatened refinery. Brian Leishman said the Government "has to everything it possibly can" to save jobs at the site and that nothing "should be taken off the table.

Grangemouth owners urged to reconsider ‘premature’ refinery closure - Petroineos announced the refinery would cease operations in the second quarter of next year.