California could pay hundreds of millions of dollars to cover maintenance costs at Valero Energy Co.’s refinery in Benicia in an effort to stave off the plant’s closure, according to Bloomberg.

The outlet reported that California legislators are in talks to spend between $80 million and $200 million in state funds on the facility, which was built in 1968 and is the sixth-largest refinery in California.

Valero, which is headquartered in San Antonio, said in April that it was considering closing the plant, six months after state and local regulators handed it a record setting fine.