Milford Haven Murco fate awaited as staff talks end

Murco refinery at Milford Haven The oil industry has loomed large over the Pembrokeshire landscape for more than 50 years

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A decision on the Murco oil refinery in Milford Haven is awaited with the end of the official consultation period between the company and the staff.

Murphy Oil - Murco's American owner - began 45-day talks last month after a potential deal with a London-based private equity fund fell through.

It follows the collapse in April of a £300m deal to sell the business.

A task force has been set up to try to protect the 400 jobs at the plant which has been on the market since 2010.

On Monday it emerged that a management buy-out is being planned.

The managing director of Murco, Tom McKinlay, has taken a leave of absence as part of the proposal for the Pembrokeshire plant.

It means the consultation is expected to continue beyond the minimum 45 days,

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