Essar Oil, India’s largest private sector oil retailer has entered into a tie-up with Gujarat State Petroleum Corporation (GSPC) to commission a Compressed Natural Gas (CNG) facility located at Botad in Bhavnagar, Gujarat. This tie-up is an endeavor by the company to offer more fuel choice to customers.
The facility has come up alongside Essar’s retail outlet at Botad and will be its 20th CNG outlet in the Gujarat state. Currently Essar Oil operates about 225 retail outlets across Gujarat and is planning to add 30 more facilities in different parts of the country. It has CNG sourcing tie-ups with GSPC, Sabarmati Gas, Adani Gas, GAIL and Gujarat Gas Corporation across Gujarat for selling CNG at its franchisee-owned and franchisee-operated outlets.
Essar Oil is a fully integrated oil & gas company of international scale with strong presence across the hydrocarbon value chain from exploration & production to refining and oil retail.
GSPC, incorporated in 1979 as a petro-chemical company, is a state-owned oil and gas company with the state government holding approximately 95% equity stake.
