{"id":347380,"date":"2011-03-29T12:40:12","date_gmt":"2011-03-29T12:40:12","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/29\/shell-to-sell-stanlow-uk-refinery\/"},"modified":"2011-03-29T12:40:12","modified_gmt":"2011-03-29T12:40:12","slug":"shell-to-sell-stanlow-uk-refinery","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/29\/shell-to-sell-stanlow-uk-refinery\/","title":{"rendered":"Shell to sell Stanlow UK refinery"},"content":{"rendered":"<p><div readability=\"59.131004366812\">\n    \t\t  <span><br \/>\n    <span>29 March 2011<\/span><br \/>\n<span>Last updated at <\/span><span>08:40 ET<\/span><br \/>\n<\/span><\/p>\n<p>Royal Dutch Shell has agreed to sell Stanlow refinery, the UK&#8217;s second-biggest oil refinery, to India&#8217;s Essar Energy in a deal worth $1.3bn (\u00a3814m).<\/p>\n<p>The Stanlow plant near Ellesmere Port employs 960 people and accounts for about 15% of total production from the UK&#8217;s oil refineries.<\/p>\n<p>Essar said it had no plans to make any redundancies at the plant, which refines 270,000 barrels of oil a day.<\/p>\n<p>The deal is expected to be completed in the second half of this year.<\/p>\n<p>  <span>&#8216;Regional benefit&#8217;<\/span><\/p>\n<p>Shell said the deal was part of its drive to focus on larger assets.<\/p>\n<p>&#8220;On completion, [the sale] means we will have reduced our global refining exposure through a combination of asset sales and closures by a total of 1.6 million barrels since 2002,&#8221; said Mark Williams, the company&#8217;s downstream director.<\/p>\n<p>Frank Willsdon, general manager of Stanlow, said the deal served the refinery&#8217;s future well.<\/p>\n<p>&#8220;It can only benefit staff, business partners and the local community and region,&#8221; he said.<\/p>\n<p>&#8220;After many years with Shell, we now look forward to a smooth transition and moving forward with Essar.&#8221;<\/p>\n<\/p><\/div>\n<\/p>\n<p>Read the original:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.bbc.co.uk\/go\/rss\/int\/news\/-\/news\/business-12895521\" title=\"Shell to sell Stanlow UK refinery\" rel=\"noopener noreferrer\">Shell to sell Stanlow UK refinery<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 29 March 2011 Last updated at 08:40 ET Royal Dutch Shell has agreed to sell Stanlow refinery, the UK&#8217;s second-biggest oil refinery, to India&#8217;s Essar Energy in a deal worth $1.3bn (\u00a3814m). The Stanlow plant near Ellesmere Port employs 960 people and accounts for about 15% of total production from the UK&#8217;s oil refineries. Essar said it had no plans to make any redundancies at the plant, which refines 270,000 barrels of oil a day. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-347380","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shell to sell Stanlow UK refinery - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/03\/29\/shell-to-sell-stanlow-uk-refinery\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Shell to sell Stanlow UK refinery - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"29 March 2011 Last updated at 08:40 ET Royal Dutch Shell has agreed to sell Stanlow refinery, the UK&#039;s second-biggest oil refinery, to India&#039;s Essar Energy in a deal worth $1.3bn (\u00a3814m). The Stanlow plant near Ellesmere Port employs 960 people and accounts for about 15% of total production from the UK&#039;s oil refineries. Essar said it had no plans to make any redundancies at the plant, which refines 270,000 barrels of oil a day.\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/29\/shell-to-sell-stanlow-uk-refinery\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/29\/shell-to-sell-stanlow-uk-refinery\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Shell to sell Stanlow UK refinery\",\"datePublished\":\"2011-03-29T12:40:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/29\/shell-to-sell-stanlow-uk-refinery\/\"},\"wordCount\":201,\"commentCount\":0,\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/29\/shell-to-sell-stanlow-uk-refinery\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/29\/shell-to-sell-stanlow-uk-refinery\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/03\/29\/shell-to-sell-stanlow-uk-refinery\/\",\"name\":\"Shell to sell Stanlow UK refinery - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-03-29T12:40:12+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/29\/shell-to-sell-stanlow-uk-refinery\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Shell to sell Stanlow UK refinery - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/03\/29\/shell-to-sell-stanlow-uk-refinery\/","twitter_card":"summary_large_image","twitter_title":"Shell to sell Stanlow UK refinery - Ghanamma.com","twitter_description":"29 March 2011 Last updated at 08:40 ET Royal Dutch Shell has agreed to sell Stanlow refinery, the UK's second-biggest oil refinery, to India's Essar Energy in a deal worth $1.3bn (\u00a3814m). The Stanlow plant near Ellesmere Port employs 960 people and accounts for about 15% of total production from the UK's oil refineries. 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