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Igor Sechin Held Talks in India

11 December 2014

As part of the working out the contract for oil and oil products supplies with the Indian company Essar Group Rosneft Head Igor Sechin paid a visit to the refinery in Vadinar and held talks with the management of the company.

Rosneft delegation reviewed the infrastructure of the refinery: the shipping port, the export jetty. The Vadinar refinery is located on the West coast of India, production at the facility began in 2008. Essar Oil owns India’s second largest single site refinery having a capacity of 20 MMTPA and complexity of 11.8, which is amongst the highest globally.

The parties emphasized the potential for developing relations between Rosneft and Essar. Igor Sechin identified possible areas of cooperation, among other things in the area of oil supplies.

Notes for Editors:

Essar Global Fund Limited (Essar) is an investment fund managed by its investment manager, Essar Capital Limited. Essar Oil Limited, one of the assets in the energy portfolio of Essar, is a fully integrated oil & gas company of international scale with strong presence across the hydrocarbon value chain from exploration & production to refining and oil retail. It has a portfolio of onshore and offshore oil & gas blocks with about 1.7 billion barrels of oil equivalent in reserves & resources. There are more than 1,700 Essar-branded oil retail outlets in various parts of India.

Rosneft
Information Division,
December 11, 2014