Saras S.p.A.
Saras Raffinerie Sarde SpA is an Italian energy provider founded in 1962, operating in the area of oil refining and the production of electricity, located in the island of Sardinia.
History
The company was founded in 1962 by Angelo Moratti and is now run by his heirs. The activities of the company have always concentrated in oil refining, which remains the core business of the group and the main production site of the group is the Sarroch refinery, one of six supersites in Europe, situated in a favourable position for the receipt of crude oil and in proximity of the sales of finished products.
According to independent oil analysts WoodMackenzie, based in Edinburgh, the refinery is the one of only six supersites in Europe, with a capacity of 300,000 barrels per day, representing 15% of refining capacity in Italy. In recent years, initially to enable independence of the Sarroch refinery from terms of energy, the group Saras has entered in the production of electricity and is expanding its production of alternative energy sources, particularly in the field of wind energy, through its subsidiaries Sarlux and Sardeolica, the latter of which is controlled indirectly through the company Eolici Ulassai.