ESSAROIL stock quotes on 1ka10.com

Key takeaways from Essar Oil Concall * Products breakup: 48% medium distillate; 26% light distillate; 26% heavy distillate * Large sale to PSU companies such as HPCL, BPCL & IOC; private companies sale marginal * Company has received approval for marketing of ATF in domestic market * Company has also filed agreement with BPCL & HPCL for sale of petro products * 2.06 million tonne of crude oil was processed in May-June 2008 * Overall capacity of 10 million tonne. Company acheived more than 100% capacity utilisation. * Gross Refining margin of $ 12.54/bbl * Other income at Rs 66 Cr due to interest on fixed deposits, income tax returns & foreign exchange rate fluctuation) * New capacity addition to be completed by 2010 * 70% of raw materials required for capacity addition has already been placed * Fuel loss was 6.8% * Exports most of them to traders * Poduct mainly consist of fuel oil (Middle East), gasoline (African), LPG (domestic market) * Refining operating cost $ 2.25/bbl