BBC 3 June 2011 21:55
The owners of a Pembrokeshire oil refinery are flying in experts from the US to help investigate the cause of an explosion which killed four people.
An industry expert says the investigation will be followed by oil companies around the world.
Chevron said the explosion happened during routine maintenance of one of its storage tanks.
"They will be desperate to find out what caused this incident."
He did not believe there was anything similar to this tragedy in the industry worldwide.
"The rest of the oil refinery industry are extremely interested in what happened here and [will ask if there are] lessons to be learned."
Daniel O'Connell, a stockbroker and energy analyst at Redmayne-Bentley in Newport, told BBC Wales he still expected the deal to proceed.
"I can understand why this awful event will cause some worry but I really can't see how it will stop the sale," he said.
"The Pembroke oil refinery has a superb safety record and is a very good business.
"From our perspective here in Wales it's devastation. But on a broader scale the global players - it sounds horrible - but they almost expect some of these things to happen from time to time.
"We all know that the oil industry is a very dangerous game."
The owners of a Pembrokeshire oil refinery are flying in experts from the US to help investigate the cause of an explosion which killed four people.
An industry expert says the investigation will be followed by oil companies around the world.
Chevron said the explosion happened during routine maintenance of one of its storage tanks.
"They will be desperate to find out what caused this incident."
He did not believe there was anything similar to this tragedy in the industry worldwide.
"The rest of the oil refinery industry are extremely interested in what happened here and [will ask if there are] lessons to be learned."
Daniel O'Connell, a stockbroker and energy analyst at Redmayne-Bentley in Newport, told BBC Wales he still expected the deal to proceed.
"I can understand why this awful event will cause some worry but I really can't see how it will stop the sale," he said.
"The Pembroke oil refinery has a superb safety record and is a very good business.
"From our perspective here in Wales it's devastation. But on a broader scale the global players - it sounds horrible - but they almost expect some of these things to happen from time to time.
"We all know that the oil industry is a very dangerous game."
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