https://ukdefencejournal.org.uk/mod-buys-finnart-oil-terminal-to-boost-navy-fuel-reserves/ said:
The deep-water terminal, on the eastern shore of Loch Long a few miles from HMNB Clyde, was built by the US Navy during the Second World War and spent decades handling crude oil for the Grangemouth refinery, first under BP and later Ineos, with a berth capable of taking tankers of up to 324,000 tonnes. Its future had been in doubt since September 2024, when operator Petroineos announced the site would close following the end of refining at Grangemouth, and the MoD’s interest in the site had surfaced in reporting over the past year, including its appearance on a leaked list of potential locations for new munitions production.
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The acquisition was confirmed as Defence Minister Luke Pollard visited HMNB Clyde to announce £26 billion of investment over ten years to modernise the Royal Navy’s three main bases at Clyde, Devonport and Portsmouth, funding the MoD describes as the largest programme of naval infrastructure investment since the end of the Cold War.
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Alongside the naval funding, the Minister confirmed more than £240 million in RAF sustainment contracts benefiting Scotland. Boeing Defence UK has been awarded a £115.2 million two-year extension to sustain the RAF’s nine P-8 Poseidon maritime patrol aircraft at Lossiemouth, safeguarding over 200 skilled jobs and more than 20 apprenticeships, while a separate £127.5 million E-7 Wedgetail sustainment contract will support around 180 jobs with a further 60 to 80 new roles projected. A £20 million investment in Inchgreen Marine Park on the lower Clyde will revitalise one of the UK’s largest operational dry docks, supporting 350 direct jobs and a new skills centre.