Date: 9 months ago   Category: Energy

Rosneft with partners plan to increase Essar gas Station network in India to 7 thousand — Rambler News Service


The Indian Company Nayara Energy (earlier — Essar Oil) which shareholder is Rosneft, plans to increase network of gas station almost by 1,5 times — to 7 thousand, reports the Indian edition Money Control with reference to Nayara Energy. Now the company carries out the analysis of the development plan read earlier which provides increase in power of processing from 20 to 40 million tons of tons, at the same time the network of gas station can be increased to more than 7 thousand gas stations within two-three years. "We pay special attention to expansion of our retail network, aspiring to that the network in the market has reached 7 thousand (stations) in two-three years" — the representative of Nayara Energy has noted. Nayara Energy operates oil refinery in the 20 million tons per year Vadinar and 4,756 thousand gas stations. In August, 2017 Rosneft together with consortium of the international investors into which Trafigura and UCP enter has acquired Essar Oil from Essar Energy Holdings and the companies affiliated with her. The company owns the second-large 20 million tons per year private oil refinery, an oil storage, port, infrastructure and also network of gas station in India. Rosneft reported that Essar Oil plans to increase the number of gas station of the company to 5,5 thousand. In June of the current year Essar Oil has been renamed into Nayara Energy Limited. At the same time it was noted that after rebranding of the head company the retail network Essar will keep the name.

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