NAYARA ENERGY LTD

NAYARA ENERGY LTD

Company Type: Nayara Energy Ltd is primarily a MANUFACTURER. It owns and operates one of India's largest and most complex single-site refineries. The company also has extensive marketing and retail operations for petroleum products, which involves distribution and sales, making it an integrated player in the energy sector.

Business Overview:

Nayara Energy Ltd is an integrated downstream oil company in India. Its core business encompasses crude oil refining, production of various petroleum products, and their marketing and sale through a nationwide network. It is a significant contributor to India's energy landscape.

Key Operations:

Refining: The company operates a 20 million metric tonnes per annum (MMTPA) refinery in Vadinar, Gujarat, which is India's second-largest single-site refinery. This facility is highly sophisticated and produces a wide range of fuels, including gasoline, diesel, aviation fuel, and petrochemical feedstock.

Retail Network: Nayara Energy has a substantial presence across India with over 6,500 retail fuel stations, serving a wide customer base.

Petrochemicals: The company is strategically expanding its presence in the petrochemical sector to further integrate its operations and enhance value.

Infrastructure: It possesses robust infrastructure, including a deep-water port, pipelines for crude oil and refined products, and extensive storage facilities.

Ownership:

Formerly known as Essar Oil Ltd, Nayara Energy Ltd was acquired in 2017 by a consortium led by Rosneft (a Russian multinational energy company), Trafigura (a global commodities trader), and UCP Investment Group. This acquisition represented one of the largest foreign direct investments in India.

NAYARA ENERGY LTD, India produces and/or sells the following products:

* Refined petroleum products (e.g., petrol/gasoline, diesel, kerosene, jet fuel, LPG, naphtha, fuel oil, bitumen/asphalt)

* Petrochemicals (e.g., polypropylene)