Essar Oil can now transport and distribute middle distillate fuels at the Oikos Storage Canvey Island facility, in the UK, to serve the Thames and surrounding regions. This enhances Oikos’ connectivity to the United Kingdom Oil Pipeline (“UKOP”) system, strengthening both supply and resilience to the Essar terminals in Northampton and Midlands region.
Larry Khanna, head of business development at Essar Oil UK, says: ‘We are delighted to have expanded our rack offering with Oikos and to be able to serve the largest market in the country. Supply resilience and security of supply are paramount for our customers, and we pleased to be able to offer this as we leverage our strong fuel expertise to serve existing and new customers and markets across London and the South East. It has been great to welcome long-standing customers to our new facility at Oikos and we look forward to meeting customers old and new at the site.’
Arunan Sriskanda, managing director at Oikos, says: ‘Oikos is delighted to support Essar with their rack commissioning as part of the long-term contract. There are great synergies between our operations, where we hope to support on both Essar’s midstream and downstream strategic aspirations. The new Essar rack offering will improve the UK’s fuel connectivity and supply chain resilience, as well as develop our site’s capability as we look to play an important role for future fuel trends.’