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19/02/2018

UK Govt Reaffirms Commitment Towards Welsh Oil Industry

The UK Government has reiterated its commitment towards the Welsh oil industry.

Welsh Secretary Alun Cairns will emphasis the UK Government's support for the sector during a visit to Valero's refinery in Pembroke later today, 19 February.

After being updated on the company's operations, Mr Cairns will then undertake a tour of the 220,000 barrel per day facility that is one of the largest fuel manufacturers in northwest Europe.

Edward Tomp, Vice President and General Manager at Valero Pembroke Refinery said: "Valero is delighted to welcome the Secretary of State to Pembroke Refinery, so he can see for himself the impressive work being done day in, day out in West Wales in this vital industry.

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"Being responsible for 15% of Welsh exports Valero is a major part of the economy in Wales and we are grateful for the UK Government's continued support for the downstream oil sector, which is key in terms of economic growth, employment and energy security for Wales and the UK."

Secretary of State for Wales, Alun Cairns, said: "I want to make it clear that this industry has the full support of the UK Government.

"As one of the Wales' largest industrial sectors with one of the most highly skilled workforces in the world, we are determined to continue to work together to secure its long-term success.

"We will continue to ensure that we have the right policies in place to generate the necessary investment in energy infrastructure whilst ensuring important investors like Valero in Wales and the rest of the UK remain competitive."

(LM/MH)

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