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Essar Oil shuts coker unit at Vadinar refinery for 2 weeks: Report

LiveMint logoLiveMint 11-09-2017 Nidhi Verma

New Delhi: India’s Essar Oil has shut the delayed coker unit at its 400,000 barrels-per-day Vadinar refinery in western Gujarat state for two weeks of maintenance from Monday, a person with direct knowledge of the matter said.

The delayed coker unit, which converts vacuum residue into higher value products like gasoline and gasoil, has an annual capacity of 7.5 million tonnes.

Essar Oil’s chief executive officer B. Anand did not respond to an email from Reuters seeking comment.

Russia’s Rosneft and its partners—global trader Trafigura and Russian fund UCP—closed their purchase of 98.26% of Essar Oil for $12.9 billion in August. Reuters

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