Rosneft says Essar Oil refinery to double throughput
Petroleumworld 08 22 2017
India's Essar Oil plans to double the throughput of its refinery and create a petrochemical facility in the long-term, a Rosneft's spokesman told Reuters in emailed comments on Monday.
Spokesman for Rosneft, which bought a 49 percent stake in Essar Oil, also said that Essar will increase the number of filling stations to 5,500 from current 3,500 stations in the medium term.
The deal will give Rosneft and its partners control over the 400,000 barrels per day Vadinar refinery in India.
"A long-term plan is to double the throughput of the refinery and to create a petrochemical facility. However, we can speak about the specific plans only when the company's strategy has been examined and endorsed by the board," the spokesman said.
Reporting by Olesya Astakhova and Vladimir Soldatkin; editing by Katya Golubkova from Reuters.
08 21 2017
We invite all our readers to share with us
their views and comments about this article.
Write to firstname.lastname@example.org
By using this link, you agree to allow PW
to publish your comments on our letters page.
Any question or suggestions,
please write to: email@example.com
Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels
Nov 13-14 ;
Mexico City, Mexico