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Clarification on sale of Shell Stanlow refinery as deadline approaches

Reference our recent article – Shell Stanlow Refinery in terminal decline with large job losses? – we understand from an insider source that following questions asked by the unionised employees at Stanlow, Slide 35 on the Essar Analysts Presentation has now been changed to show Stanlow as a Refinery / Terminal. It had originally been described solely as a Terminal implying a downgrading in its status, with consequential job cuts.

The workforce might be more assured about Essar plans if the “terminal” option/description was deleted entirely from slide 35.

There is currently an end of November deadline to complete the negotiations between Royal Dutch Shell and Essar: Essar Oil CEO: Exclusive Talks With Shell to End Nov. 30 – WSJ.com

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