Irish_National_Petroleum_Corporation
Irish National Petroleum Corporation
Semi-defunct Irish State company
The Irish National Petroleum Corporation (INPC) is a semi-defunct Irish State-owned company which owned and operated the Whiddy Island Terminal on Whiddy Island and Whitegate refinery at Whitegate, both in County Cork, Ireland. It was founded in 1979 and was involved in acquiring oil, refining it, and distributing petroleum products to consumers in Ireland.[1] Its main assets were sold to TOSCO Corp (later Phillips Petroleum) in 2001.
As of 2020[update], the INPC has no staff, but has an active three-person board who manage a portion of the proceeds from the 2001 sale which was set aside for ongoing liabilities and claims.[2][3]