Whitegate in line to refine high quality oil discovered off the south-east coast

WHITEGATE Oil Refinery may be chosen to refine the high quality oil discovered off the south-east coast by Providence Resources.

However, the refinery, located near Midleton, Co Cork, requires investment of €200 million over four years to bring it up to international standards.

While Providence will choose its refinery on the basis of quality and cost, the proximity of Midleton to the oil source off Hook Head ought to give the Irish refiner the inside track.