(PTI)
Essar Oil (UK) Ltd, the leading integrated downstream energy company, on Monday said it has signed an agreement with Essex-based storer of refining petroleum products Oikos Storage Ltd to expand its operations into London and the South East of England. The firm owns UK’s Stanlow oil refinery and a network of petrol stations in the country.
“Under the agreement, Essar will store and distribute middle distillate fuels at Oikos’ Canvey Island facility to serve the Thames region. Furthermore, the agreement will leverage Oikos’ connectivity to the United Kingdom Oil Pipeline (UKOP) system to supply the Northampton and Midlands regions,” the company said in a statement.
