The authorities have established a deadline of two weeks to find a buyer for the Prax Lindsey oil refinery in difficulty in the middle of increasing doubts about the future viability of the site.
Sky News learned that potential buyers of the Lincolnshire site were contacted on Monday by restructuring experts hired when the parent of the refinery, the state oil, collapsed in the insolvency procedure at the beginning of last week.
Sources said that FTI Consulting, who had been appointed special director of the factory by the official recipient, had started to develop third -party interests, with a deadline of two weeks which would have been “underlined but subject to the revision”.
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The ministers ordered an investigation into the insolvency services on the conduct of the husband and woman team behind State Oil and the wider Prax group, alleging that they had been misled concerning the finances of the company in the accumulation of its insolvency.
The group owed the British tax authorities in the region of 250 million pounds sterling, the initiates saying that Sanjeev Kumar Soosaipillai and his wife Arani were in talks of a time to pay arrangements with HM returned & customs before the collapse of the state of state.
Last Friday, Sky News revealed that the The official receiver had concluded an agreement To continue buying crude oil from the commercial giant of raw materials, Glencore.
The agreement provided a temporary loss to the Lindsey refinery, which employs more than 400 people.
The factory – One of the refinements of oil refinery still works in the United Kingdom – provides around 10% of the UK fuel.
Prax Group is also interested in exploring petroleum fields and fuel retail, which can also be sold by the administrators of Teneo, although these assets are not insolvent.
A spokesperson for FTI Consulting refused to comment.