India's Reliance Industries (RELI.BO) will commission all secondary units of its new refinery in a few weeks and expects to reach full capacity of 580,000 barrels per day by September, nine months after it began operations, company officials said.
The refinery is totally export-focused and was commissioned in December, facing weak global demand for refined products.
"All secondary units will be commissioned in the next few weeks," a spokesman for Reliance told Reuters on
Wednesday.
Separately, another Reliance official, who did not want to be identified, said the new refinery was expected to run at full capacity in six months.
"We expect refinery to reach full capacity and stabilise in second quarter of the new financial year," he said. India's financial year runs from April to March.
According to trade sources, a crude distillation unit, a coker, a diesel hydrotreater and a vacuum gas oil hydrotreater are functional at the new refinery.
"What we know is that only the coker is running at a low level. But other units are functioning at normal rate," a trade source said.
Reliance Industries is in the process of absorbing its Reliance Petroleum (RPET.BO) subsidiary, which runs the new refinery. The refinery is located next to Reliance Industries' 660,000 bpd refinery in Jamnagar in the western state of Gujarat.
The two units have a combined refining capacity of 1.24 million bpd, making it the largest refining facility in the world.
source : www.reuters.com/article/rbssEnergyNews/idUSBOM36027320090318
The refinery is totally export-focused and was commissioned in December, facing weak global demand for refined products.
"All secondary units will be commissioned in the next few weeks," a spokesman for Reliance told Reuters on
Wednesday.Separately, another Reliance official, who did not want to be identified, said the new refinery was expected to run at full capacity in six months.
"We expect refinery to reach full capacity and stabilise in second quarter of the new financial year," he said. India's financial year runs from April to March.
According to trade sources, a crude distillation unit, a coker, a diesel hydrotreater and a vacuum gas oil hydrotreater are functional at the new refinery.
"What we know is that only the coker is running at a low level. But other units are functioning at normal rate," a trade source said.
Reliance Industries is in the process of absorbing its Reliance Petroleum (RPET.BO) subsidiary, which runs the new refinery. The refinery is located next to Reliance Industries' 660,000 bpd refinery in Jamnagar in the western state of Gujarat.
The two units have a combined refining capacity of 1.24 million bpd, making it the largest refining facility in the world.
source : www.reuters.com/article/rbssEnergyNews/idUSBOM36027320090318
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