Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the impact of the closure of the Grangemouth oil refinery on consumers.

It is deeply disappointing to learn that Petroineos has confirmed its previous decision to close the oil refining operation at Grangemouth. All of my thoughts are with the workers and their families and the wider Grangemouth community.

The Grangemouth site will now convert to an import terminal. Imports are already part of the UK’s diverse and resilient energy mix. Since 2013, the UK has been a net importer of refined products, with imports accounting for 51% of UK demand for all petroleum products in 2023. Grangemouth refinery already imported almost all of its crude oil supply: it only received 13% of its crude oil supply from the North Sea via the Forties Pipeline in 2022.

Scotland already imports fuel via other sites, which is sold at competitive prices, so we do not expect imports via the Grangemouth site to impact road fuel prices in Scotland nor across the UK.