Essar to invest $5.8 billion in Stanlow Energy Hub Transition

Essar Group plans to invest £4.3 billion ($5.8 billion) in the expansion of its UK Stanlow refinery to include an energy transition hub with a focus on low-carbon hydrogen production.

The group's energy unit is nearing a final investment decision on projects worth more than £1 billion, according to a statement from Essar Energy Transition Fuels, which operates the 230,000 barrels-a-day refinery near Liverpool.

Plans include reconfiguring the refinery into a single-train operation to boost yields of higher-value products and expand the range of crude grades it can process.


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The company will also expand its fuel retail network. It has recently completed a £100 million project to boost Stanlow's processing capacity by about 8%, and has built a hydrogen-ready refinery furnace as part of the transition to low-carbon operations, according to the statement.