• Essar Oil UK acquires BP strategic assets to drive growth

    * ESSAR OIL UK GROUP ACQUIRES BP STRATEGIC ASSETS TO DRIVE FURTHER GROWTH

    * TO BUY STAKE IN UKOP PIPELINE, A SHARE OF CONTRACTUAL JV AND A 100 PERCENT INTEREST IN NORTHAMPTON TERMINAL

    * ESSAR’S TOTAL INVESTMENT IN THE UK NOW STANDS AT $1 BILLION

    * REMAINS COMMITTED TO FURTHER U.K. INVESTMENT

    * CONFIRMED PLANS TO GROW ITS NETWORK TO 400 RETAIL SITES OVER THE NEXT FIVE YEARS

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