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Birmingham Post
Birmingham Post
Business
Jon Robinson

Stanlow refinery owner clarifies relationship with sanctioned bank as UK Government moves to ban Russian oil

The owner of one of Britain’s biggest oil refineries has clarified its relationship with a Russian lender which was sanctioned following the country's invasion of Ukraine.

Essar Oil UK, which acquired the Stanlow refinery at Ellesmere Port from Shell in 2011, issued a statement ahead of the UK government confirming it will ban Russian oil by the end of 2022.

The site provides 4.4 billion litres of diesel, 3 billion litres of petrol and 2 billion litres of jet fuel a year.

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