Milford Haven Murco fate awaited as staff talks end

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

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.

Media playback is unsupported on your device
Media captionA task force is still trying to find ways to prevent the oil refinery's closure

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,

Related Topics

More on this story

Related Internet links

The BBC is not responsible for the content of external Internet sites