Hundreds of jobs are expected to be lost as Grangemouth Refinery prepares to close down.

The only operating crude oil refinery in Scotland, and one of only six remaining in the UK, supplies 80% of the country’s fuel.

The refinery in Falkirk is responsible for 4% of Scotland’s GDP and approximately 8% of its manufacturing base.

Refinery operations are expected to cease in under 18 months in spring 2025.

Owners Petroineos, a joint venture between PetroChina and INEOS, said the site would become an import and distribution hub.

First Minister Humza Yousaf said the scale of job losses could be “quite significant”.

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