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Tyrone firm LCC's oil terminal buy helps seal easyJet deal

By Margaret Canning

Published 25/10/2016

Danske Bank’s Ciaran McLaughlin with LCC’s Dan Loughran and Michael O Loughran at its oil terminal at Foyle Port in Lisahally
Danske Bank’s Ciaran McLaughlin with LCC’s Dan Loughran and Michael O Loughran at its oil terminal at Foyle Port in Lisahally

Co Tyrone energy company LCC Group has won new business with easyJet after buying out a major oil terminal in Co Londonderry, it was announced today.

Family-run LCC - which retails petrol to the public under the Go brand, as well as selling oil and electricity to the business market - is now the full owner of the terminal at Lisahally.

It has bought out the joint venture partner Statoil ASA after the two firms built the terminal in 2005.

LCC, which is based in Cookstown and run by the Loughran family, has reached an aviation fuel deal with Q8 Aviation to supply easyJet at Belfast International Airport.

And LCC said it had spent £1.5m on the installation of new, advanced plant and equipment at the terminal.

The firm's expansion was supported by Danske Bank.

Belfast Telegraph

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