Stanlow, July 7 -- Stanlow: Essar Energy Transition is pleased to confirm it has successfully renewed US$300m crude facility between Essar Energy Transition Fuels and Petraco Oil Company SA demonstrating market confidence in the company's performance, market position and strategic importance.
Essar Energy Transition Fuels, owner and operator of the Stanlow Refinery UK, is delivering strong commercial performance, following a landmark investment year with Essar Energy Transition Fuels also achieving its highest ever domestic sales and production since acquisition. It is investing in low-carbon energy solutions and the decarbonisation of its industrial assets.
The company has renewed a three-year, US$300m strategic crude and product facilit...