During a recent Parliamentary session, Energy Minister Michael Shanks addressed queries relating to the bidding procedure for the Lindsey Oil Refinery, situated near Immingham, slightly outside Lincolnshire. The Minister validated that Phillips 66 had put forward the most favourable bid and is primed to take over responsibility for decommissioning liabilities. This declaration has come under scrutiny from a bidder who was not successful, questioning the openness of the process. This development carries importance for the local economy, considering the significant role that the refinery plays within the industrial landscape of the region.
This story was adapted from original reporting provided by www.grimsbytelegraph.co.uk, for publication in The Lincoln Post.
