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Essar Oil picks up 50 % stake in Kenya-based refinery

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BS Reporter

Essar Oil picks up 50 % stake in Kenya-based refinery
BS Reporter /  August 01, 2009, 0:45 IST

Ruias-owned Essar Oil today announced acquisition of 50 per cent stake in a 4 million-tonne oil refinery in Kenya. The company acquired 50 per cent stake of western energy majors Shell BP and Chevron in Kenya Petroleum Refineries Ltd, Essar said.

 

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First Published: Aug 01 2009 | 12:45 AM IST

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