The Vadinar Refinery is an oil refinery at Vadinar, Gujarat, India. It is owned and operated by Nayara Energy Limited, in which Rosneft owns a 49.13% stake. The refinery is India's second largest single-location refinery, with an annual capacity of 20 million tonnes (405,000 barrels per day) and a complexity of 11.8, which also makes it among the world's most complex refineries.[3]
History
Construction of the refinery started in 1996 by Essar Oil. The refinery project was delayed several times due to environmental concerns and financial problems, including initial cost overruns and a shortfall in equity contributions. In 1998, when the refinery was 60% complete, a cyclone struck the plant and caused considerable damage.[4] Construction was restarted in 2005, and the refinery was completed in 2006.[4] It cost US$2.14 billion.
In May 2008, Essar Oil reported commercial production of 10.5 million tonnes per annum (mtpa).