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Essar UK to supply aviation fuel directly to Emirates airline

LONDON: Oil UK Ltd, which owns and operates Stanlow Refinery at Ellesmere Port, north-west England, on Tuesday announced signing its first agreement for the direct

Published on: Aug 10, 2016, 06:16:11 IST
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LONDON: Oil UK Ltd, which owns and operates Stanlow Refinery at Ellesmere Port, north-west England, on Tuesday announced signing its first agreement for the direct supply of aviation fuel to Emirates airline at the Manchester Airport.

HT Image
HT Image

The Stanlow refinery, which produces 16% of the UK’s road transport fuel demand, manufactures over two billion litres of jet fuel each year and plays a key role in England’s aviation industry, a company statement said.

The refinery currently supplies a significant proportion of jet fuel demand at the Manchester Airport as well as Liverpool John Lennon, and other regional airports. However, this is the first time Essar Oil UK will directly supply aviation fuel to an airline, the statement added.

Colin Dixon, head of marketing at Essar Oil UK, said: “This is a major milestone in our strategy of further downstream integration, combining our refinery supply strength with our marketing capabilities in the aviation sector. We look forward to becoming a key player in the aviation market.”

Essar has committed capital investment of $137 million in a project for major improvements to key units at the Stanlow Refinery, which will deliver a further reduction in crude oil costs and improved yields across the finished product range.

 
ABOUT THE AUTHOR
Prasun Sonwalkar

Prasun Sonwalkar was Editor (UK & Europe), Hindustan Times. During more than three decades, he held senior positions on the Desk, besides reporting from India’s north-east and other states, including a decade covering politics from New Delhi. He has been reporting from UK and Europe since 1999.

Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
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