Essar Oil and Gas

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Essar Oil and Gas

  • It is India's second largest single - location refinery
  • There are more than 1,400 Essar-branded oil retail outlets in various parts of India
  • Essar Oil's E&P business currently has 1.75 billion barrels of oil equivalent of reserves and resources
  • 126 crore (US$ 20.31 million) net profit after tax for FY 2013-14

Essar Oil is a fully integrated oil & gas company of international scale with strong presence across the hydrocarbon value chain from exploration & production to refining and oil retail.

Essar Oil has a portfolio of onshore and offshore oil & gas blocks with about 1.7 billion barrels of oil equivalent in reserves & resources.

Essar Oil owns India’s second largest single site refinery at Vadinar, Gujarat, having a capacity of 20 million metric tonnes per annum (MMTPA), or 405,000 barrels per day (BPD). Vadinar Refinery has a complexity of 11.8, which is amongst the highest globally. The refinery is capable of processing some of the toughest crudes and yet produce high quality Euro IV and V grade products. The refinery has been set up at a very competitive capex of US$ 12,746 /barrel, which is about half the global average.

Essar Oil is listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Source: http://www.essaroil.co.in/

Essar Oil: Energising the entire hydrocarbon value chain

2014 Stood second in the Carbon Disclosure Leadership Index (CDLI).
2013 National Safety Award in the Coke and Refined Petroleum Products Manufacturer category
2009 Essar acquired a 50 per cent stake in Kenya Petroleum Refineries Ltd
1969 The company was formed.

Updated: February, 2015

Oil And Gas
India will overtake Japan to become the world’s third largest oil consumer behind the US and China by 2025.
x IBEF : India Brand Equity Foundation