Mumbai, India: Essar Oil, India's second largest
private refiner, has been conferred the prestigious
'Refinery of the Year Award 2011' by the Petroleum
Federation (PetroFed), in recognition of its impressive
performance in the Indian refining sector last year.
The award was received by Mr. C Manoharan, Director -
Refinery, Essar Oil, from the Honorable Union Minister for
Petroleum and Natural Gas Mr. S Jaipal Reddy during the
annual Petroleum Federation Oil and Gas industry awards for
2011 event held in New Delhi recently.
This award acknowledges production and operational
efficiencies in performance in refining and petroleum in
India during fiscal 2010-11. The company has won a trophy
and a citation for excellence in its refining performance.
"Essar Oil's Vadinar refinery today accounts for 10
per cent of India's total refining capacity. We are humbled
by this recognition by PetroFed. It is our endeavor to
create value for customers in the oil and gas sector,
through world-class operating standards and
state-of-the-art technology," said Mr. LK Gupta, MD & CEO,
Essar Oil.
The Refinery of the Year category was one of the nine
categories at the PetroFed awards, an apex hydrocarbon
industry association representing companies from
India's public and private companies in oil and gas
sector.
Just last week Essar Oil completed its Refinery
Optimisation Project four months ahead of schedule, taking
the capacity of Vadinar refinery to 20 MMTPA or 405,000
barrels per day, making it India's second largest single
location refinery. In March, Essar Oil completed the
Refinery Expansion Project to raise its nameplate capacity
to 18MMTPA from 10.5 MMTPA, and complexity to 11.8. Essar
Oil has invested approx. Rs 24,000 crore at its Vadinar
Refinery complex.
About Essar Oil
Essar Oil is a fully integrated oil and gas company of
international scale with strong presence across the
hydrocarbon value chain from exploration and production to
refining and oil retail. It has a global portfolio of
onshore and offshore oil and gas blocks, with about 2.1
billion barrels of oil equivalent in reserves and
resources. Essar Oil now has 405,000 bpsd (barrels per
stream-day) of crude refining capacity. There are more than
1,600 Essar-branded oil retail outlets in various parts of
India.
About Essar Group
The Essar Group is a multinational conglomerate and a
leading player in the sectors of Steel, Energy,
Infrastructure and Services. With operations in more than
25 countries across five continents, the Group employs
75,000 people, with revenues of over US$ 27 billion.
Media contacts:
Rabin Ghosh,Corporate Communications, (Mumbai)
Phone: 91 99 301 36268, email: rabin.ghosh@essar.com
Parikshit Kaul, Corporate Communications (New Delhi),
Phone: +91 98735 70816, Email:
parikshit.kaul@essar.com
Priyank Talati, Corporate Communications (Ahmedabad),
Phone: +91 91 9979868817, Email: priyank.talati@essar.com
Jayesh Thanki, Corporate Communications (Vadinar),
Phone: +91 99 798 91425, Email: jbthanki@essar.com
Adfactors PR
Hiral Vora, (Mumbai) :
Phone: +91 97 699 98892, hiral.vora@adfactorspr.com
Narayan Bhatt, (Ahmedabad):
Phone: +91 91 9979915777, narayan.bhatt@adfactorspr.com
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