Jobs at risk as deal expires for refinery

Nearly 1,000 jobs were in jeopardy last night amid reports that an oil refinery that went bust is likely to be closed and turned into a storage terminal.

The Coryton plant in Essex, the biggest provider of petrol and diesel in the south east of England, was plunged into administration by its Swiss owner Petroplus in February.

A deal with financiers to keep the plant running for three months expired on Wednesday but administrators are still scrambling to find a buyer.

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