Optimise performance of all existing assets
Essar Oil is focused on running its plants in the most optimised manner to increase stakeholder return. It leverages the group’s presence in other areas to improve market competitiveness. It will continue to invest in people, processes and technologies to remain in the bottom cost percentile.
Deliver growth through a variety of oil and gas projects
Essar Oil will pursue further growth through both green-field and brown-field energy projects in the areas of exploration and production, refining, marketing, raw material acquisition etc.
Leverage skills and asset base to identify growth opportunities
Essar Oil intends to leverage its established skills and asset base in oil and gas to seek organic and inorganic growth opportunities with the objective of improving market leadership, economies of scale, synergies, and maximising shareholder value.
Be a good corporate citizen
Essar Oil will continue to act as a good corporate citizen with respect to the health and safety of its employees and the communities in which it operates.
The maintenance of high environmental performance standards are significant responsibilities within the conduct of Essar Oil’s operations, and the aim of the company is to be recognised as a leader in health, safety and environmental management.