Essar Energy Transition Fuels Signs $500 Million IRH Oil Supply and Stanlow Products Deal

3 articles · Updated · Bloomberg · Jun 16

$500 million is the value of Essar Energy Transition Fuels' agreement with International Resources Holding's trading arm to source crude for the Stanlow refinery and market its fuels.
The deal gives the UK refiner a broader crude supply base while securing feedstock for Stanlow as global energy markets remain volatile.
Essar said the arrangement will also support sales of Stanlow products including gasoline and diesel and help optimize working capital.

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