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RIL to begin fuel exports this month

This article was posted on Jan 15, 2009 and is filed under Stock News

Reliance Industries (RIL) said it will begin exporting fuel from its new SEZ refinery in Jamnagar this month and is considering setting up refinery projects across the world.”During the course of this month, products (from Reliance Petroleum) will be sold,” said P Raghavendran, president of RIL’s refinery business.

Reliance Petroleum, a unit of RIL, last month commissioned its 5,80,000-barrels per day only for exports refinery in Jamnagar, Gujarat.

Raghavendran said the company’s focus currently is on fully commissioning and completing the new refinery and it would look for opportunities for setting up new projects world over thereafter.

source: BusinessStandard

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