Rosneft delegation reviewed the infrastructure of the refinery in India

Rosneft delegation reviewed the infrastructure of the refinery: the shipping port, the export jetty. The Vadinar refinery is located on the West coast of India, production at the facility began in 2008. Essar Oil owns India’s second largest single site refinery having a capacity of 20 MMTPA and complexity of 11.8, which is amongst the highest globally.

The parties emphasized the potential for developing relations between Rosneft and Essar. Igor Sechin identified possible areas of cooperation, among other things in the area of oil supplies.

Essar Global Fund Limited (Essar) is an investment fund managed by its investment manager, Essar Capital Limited. Essar Oil Limited, one of the assets in the energy portfolio of Essar, 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. It has a portfolio of onshore and offshore oil & gas blocks with about 1.7 billion barrels of oil equivalent in reserves & resources. There are more than 1,700 Essar-branded oil retail outlets in various parts of India.