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BP To Close Brisbane Refinery, Up to 655 Jobs To Go

Oil giant BP has announced it will close its Bulwer Island refinery in Brisbane by mid-2015, cutting 355 jobs in the process. The refinery has a capacity of around 102,000 barrels per day, and BP says the Queensland facility is no longer viable, when m


Oil giant BP has announced it will close its Bulwer Island refinery in Brisbane by mid-2015, cutting 355 jobs in the process.

The refinery has a capacity of around 102,000 barrels per day, and BP says the Queensland facility is no longer viable, when mega refineries in Singapore and India can produce up to one million barrels per day.

BP announced its intentions earlier this year to sell off most if not all of its assets in Australia, joining Royal Dutch Shell in considering a move to import-only status.

From 2015, the Brisbane facility will retain just 25 of its current 380 employees to operate the import-only centre. More than 300 contract workers are also believed to be affected by the closure.

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