Essar Oil Unlisted Share
Overview
Nayara Energy is a cutting-edge downstream and petrochemicals company with global reach. Essar Oil Limited was the company's previous name until May 2018, when it changed to Nayara Energy Limited. Mumbai, India serves as the home location for Nayara Energy Limited, which was established in 1989. It combines the finest of both fresh and experienced minds with best-in-class infrastructure and procedures, and it strives to provide excellence at every stage of the process. The business markets petroleum products in South Africa, India, Singapore, Mozambique, the United Arab Emirates, and other countries. It also refines crude oil. The company sells bitumen, fly ash, high speed diesel, high flash high speed diesel, petcoke, and sulphur. With a capacity of 20 MTPA and a high complexity index of 11.8 and making up about 8% of the country's total refinery capacity, the corporation owns and manages India's second largest single-site, state-of-the-art, and most modern and complicated refinery. From refining to marketing, the company is involved in the whole hydrocarbon value chain. It is currently preparing to transport crude to chemicals as well. It is India's fuel retail network with the quickest growth. Rosneft, the largest publicly traded oil and gas company in the world by liquid hydrocarbon production and reserves, and an investment group led by Trafigura and UCP Investment Group bought Nayara Energy in 2016. Prior to being taken private in a leveraged buyout that concluded on December 30, 2015. It was a publicly traded firm that was delisted at a price of 380 billion.
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