EET Fuels, previously known as Essar Oil UK, commemorates a significant milestone as its Stanlow refinery, processing ten million tons per annum (MTPA), thereby celebrating a century of operations. Originating in 1924 as a bitumen production facility, Stanlow has evolved into a pivotal player in UK’s road transport fuel sector, contributing 16% of the country’s sales.
Undergoing a transformation, EET aims to position Stanlow as the world’s pioneering low-carbon refinery and the primary hydrogen producer in the UK, within the HyNet consortium. Since its acquisition by the Essar Group in 2011, the refinery has seen over $1 billion in investments.
Stanlow’s operations are impressive, processing over 20,000 litres of crude oil per minute, serving major retail fuel brands, Manchester Airport, airlines, and regional transportation services. EET’s Chairman, Prashant Ruia, emphasised the refinery’s historical significance and outlined ambitious plans for its future, envisioning it as a hub for low-carbon energy projects.
EET intends to inject $3 billion into Stanlow over the next five years, focusing on various low-carbon initiatives. Notably, the site hosts EET Hydrogen, a leading hydrogen production project, aiming to supply one gigawatt (GW) of blue hydrogen to the UK market, with plans for expansion to 3.8 GW.
As reported by businessline, in January 2024, Essar Oil UK rebranded as EET Fuels, marked a new era as part of EET’s broader energy transition strategy. Committed to becoming the UK’s premier low-carbon refinery, EET Fuels envisions an energy transition park at its North West site. Leveraging advanced technologies like industrial carbon capture and hydrogen fuel switching, the company aims to achieve its ambitious goals by 2030.
