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  1. ITV Report

Wales’ oil industry has 'full backing' of UK Government

Credit: ITV News

Welsh Secretary Alun Cairns will visit an oil refinery in Pembrokeshire today.

The Secretary of State will do a tour Valero's refinery which employs more than 500 people.

He says the industry has the 'full support' of the UK Government.

The oil industry is crucial to the UK’s future energy security, economy and our cross-government industrial strategy.

The contribution the Valero refinery makes to the regional and wider economies in Wales and the UK cannot be underestimated. Be it through job creation or community engagement, Valero plays a pivotal role in the lives of the people who live in this area.

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.

– Alun Cairns, Secretary of State for Wales
15%
of Welsh exports are the responsibility of the Pembroke refinery.

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.

– Edward Tomp, Vice President and General Manager at Valero Pembroke Refinery