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Chevron looks for refinery buyer | Chevron looks for refinery buyer |
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Chevron says it is looking for a buyer for its refinery in Pembrokeshire which employs around 1,400 people. | Chevron says it is looking for a buyer for its refinery in Pembrokeshire which employs around 1,400 people. |
The US-based company said it wanted to gauge interest in the Pembroke site but said it would not close down. | The US-based company said it wanted to gauge interest in the Pembroke site but said it would not close down. |
It processes 220,000 barrels of crude oil a day and is estimated to be worth £1.5m a week to the county's economy. | It processes 220,000 barrels of crude oil a day and is estimated to be worth £1.5m a week to the county's economy. |
Chevron said its intention to look for bids for some of its operations in Europe was part of its global restructuring. | Chevron said its intention to look for bids for some of its operations in Europe was part of its global restructuring. |
In a statement it said: "To confirm, this process is to determine interest in our operations in Europe. | In a statement it said: "To confirm, this process is to determine interest in our operations in Europe. |
"No decision has been made to sell any asset at this time. | "No decision has been made to sell any asset at this time. |
"We have no plans to idle any of our refineries. | "We have no plans to idle any of our refineries. |
"Our continuing focus is on operating Pembroke refinery in a safe, reliable and environmentally responsible manner." | "Our continuing focus is on operating Pembroke refinery in a safe, reliable and environmentally responsible manner." |
Pembrokeshire council said it was "seeking more information and clarification" from the company. |