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| Potential buyer for Lindsey Oil Refinery as deadline looms | Potential buyer for Lindsey Oil Refinery as deadline looms |
| (about 7 hours later) | |
| The deadline for submission of expressions of interest in buying all or part of the refinery site is Wednesday | The deadline for submission of expressions of interest in buying all or part of the refinery site is Wednesday |
| A potential buyer has been found for an oil refinery as the window for expressions of interest in buying all or part of the site closes on Wednesday, the BBC understands. | A potential buyer has been found for an oil refinery as the window for expressions of interest in buying all or part of the site closes on Wednesday, the BBC understands. |
| Lindsey Oil Refinery was taken over by liquidators in June after the owner Prax Group went into administration, putting 420 jobs at risk. Energy Minister Michael Shanks previously said "no credible offers" had been made to buy the entire refinery and it would be "winding down operations". | Lindsey Oil Refinery was taken over by liquidators in June after the owner Prax Group went into administration, putting 420 jobs at risk. Energy Minister Michael Shanks previously said "no credible offers" had been made to buy the entire refinery and it would be "winding down operations". |
| However, two local politicians claimed there was a prospective bid to buy the whole site and continue the operation, with "a number of parties interested in parts of the business". | However, two local politicians claimed there was a prospective bid to buy the whole site and continue the operation, with "a number of parties interested in parts of the business". |
| The Insolvency Service said the sales process was ongoing. | The Insolvency Service said the sales process was ongoing. |
| Martin Vickers, MP for Brigg and Immingham, and North Lincolnshire Council leader Rob Waltham said there was a potential buyer to retain the site and continue running the refinery, but added they could not disclose details of the interested party. | Martin Vickers, MP for Brigg and Immingham, and North Lincolnshire Council leader Rob Waltham said there was a potential buyer to retain the site and continue running the refinery, but added they could not disclose details of the interested party. |
| Rob Waltham said both North Lincolnshire and North East Lincolnshire councils would "try to create employment opportunities and training" for affected workers | Rob Waltham said both North Lincolnshire and North East Lincolnshire councils would "try to create employment opportunities and training" for affected workers |
| Waltham said: "To have people who are interested in protecting jobs at this stage of the game is very heartening. | Waltham said: "To have people who are interested in protecting jobs at this stage of the game is very heartening. |
| "We're urging the government to keep advocating and supporting someone to buy the site as a whole." | "We're urging the government to keep advocating and supporting someone to buy the site as a whole." |
| The last two units of petrol and kerosene came off the production line on Saturday. | The last two units of petrol and kerosene came off the production line on Saturday. |
| Worker Fred Brown, a process operator at the refinery and a branch secretary for Unite the union, said fuel had been put into storage and it is likely deliveries would continue until September. | Worker Fred Brown, a process operator at the refinery and a branch secretary for Unite the union, said fuel had been put into storage and it is likely deliveries would continue until September. |
| "Over the weekend, the last of the units that actually create the finished product has come offline. | "Over the weekend, the last of the units that actually create the finished product has come offline. |
| "The next phase is that we'll run down all of the products through the tanks - the petrol, the diesel, the kerosene, everything. That will go out of the refinery until it runs out, which should be around a month from now." | "The next phase is that we'll run down all of the products through the tanks - the petrol, the diesel, the kerosene, everything. That will go out of the refinery until it runs out, which should be around a month from now." |
| The refinery's owners, the Prax Group, went into administration on 30 June | The refinery's owners, the Prax Group, went into administration on 30 June |
| Mr Brown said he expected petrol station forecourts across the midlands to be affected once supply had ceased from the refinery on a scale similar to that seen last month when garages reportedly run out of a fuel as a result of the refinery's owners filing for insolvency. | Mr Brown said he expected petrol station forecourts across the midlands to be affected once supply had ceased from the refinery on a scale similar to that seen last month when garages reportedly run out of a fuel as a result of the refinery's owners filing for insolvency. |
| Waltham said there was concern that fuel would be restricted to parts of the country. | Waltham said there was concern that fuel would be restricted to parts of the country. |
| "This site may only provide 10% of the UK fuel supply, but that fuel supply to the west and east midlands, into Lincolnshire and probably even beyond that, is still a significant proportion of their supply. | "This site may only provide 10% of the UK fuel supply, but that fuel supply to the west and east midlands, into Lincolnshire and probably even beyond that, is still a significant proportion of their supply. |
| "If supply gets restricted, and it might be that the government's got a great spreadsheet that's managing all this, ... people who work in the NHS, shops and businesses throughout the country will be paying more at the pump." | "If supply gets restricted, and it might be that the government's got a great spreadsheet that's managing all this, ... people who work in the NHS, shops and businesses throughout the country will be paying more at the pump." |
| The government has indicated there is no risk to the UK's fuel supply and nor will there be a reliance on imports. | |
| Products from the refinery are expected to be sold for a number of weeks, allowing buyers time to change suppliers. | |
| Shanks said the official receiver "continues to pursue interest in individual assets". | |
| The refinery's owner went into administration after recording losses of about £75m over the course of three years. | The refinery's owner went into administration after recording losses of about £75m over the course of three years. |
| Listen to highlights from Lincolnshire on BBC Sounds, watch the latest episode of Look North or tell us about a story you think we should be covering here. | Listen to highlights from Lincolnshire on BBC Sounds, watch the latest episode of Look North or tell us about a story you think we should be covering here. |
| Download the BBC News app from the App Store for iPhone and iPad or Google Play for Android devices | Download the BBC News app from the App Store for iPhone and iPad or Google Play for Android devices |
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