Post by Essar

Collaboration that strengthens energy security. Essar and International Resources Holding signed a USD 500 million crude sourcing and product supply facility between EET and IRH Global Trading. The agreement was signed in Abu Dhabi by Prashant Ruia, Group Chief Executive of Essar Group, and Vineet Mehra, CEO of IRH Global Trading, in the presence of Ravi Ruia, Vice Chairman of Essar Group; Anshuman Ruia, Director of Essar Group; and Ali Rashed Al Rashdi, CEO of IRH. In a volatile global energy market, this partnership strengthens feedstock security, diversifies crude sourcing, and optimises working capital for our Stanlow Refinery in the UK, while deepening ties with leading industry players. Full announcement in the comments 👇 #EnergyTransition #EnergySecurity #Stanlow