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An oil refinery in Lincolnshire, among the largest and most valuable in the whole country, has been a key fortune maker for a couple who have quietly amassed a $10 billion crude oil empire.
looked into the limited public information on the history of the Soosaipillai’s, and how the acquisition of a Lincolnshire oil refinery grew their oil empire to almost immeasurable scales.Prax employs 1,250 workers, has 11 offices across the world and a turnover of around $10 billion, which is the same as FTSE 100 giant JD Sports.
Lindsey Oil Refinery processes up to 113,000 barrels of oil every single day, and spreads across 500 acres to supply oil for services across the world. The UK’s competition watchdog launched an investigation into profit margins within the largest oil refiners in the country, of which Prax Lindsey was mentioned.
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