RIL's new refinery overtakes old complex in processing

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 11:59 PM IST

Reliance Industries' (RIL) new 5,80,000 barrels per day refinery at Jamnagar in Gujarat is performing better-than-expected and has overtaken the company's adjacent old refinery in processing crude oil.     

RIL last month commissioned all units of the new only-for-exports refinery that turned Jamnagar into the world's largest refining complex, with a combined crude processing capacity of 1.24 million bpd.     

The 29 million tonnes a year new unit, that sits next to the old 6,60,000 bpd (or 33 million tonnes a year) refinery, is operating at 114 per cent of its rated capacity and is processing more crude oil than even the older, bigger unit, industry sources said.     

A company spokesperson did not immediately offer any comments.     

The old plant in August operated at 106.6 per cent of its rated capacity to turn 2.988 million tonnes of crude oil into fuel, the data available from the Petroleum Ministry here said. During April-August, it operated at 98.3 per cent of the capacity, turning 13.595 million tonnes of crude into petroleum products.     

RIL had in August started an 85,000 bpd alkylation unit, the only remaining facility to be started at the new refinery, to begin producing petrol meeting the stringent US and European standards.

It had in December 2009 commissioned the new refinery and has progressively started all of the units at the giant facility and has since then shifted focus of its fuel exports from Asia to Gulf and Europe, sources said, adding the company was also directly selling auto fuel into the US when it shipped 184,000 tonnes of petrol.     

The company imported about 1.224 million bpc of crude in August, up from about 1.078 milion bpd the month before and around 549,000 bpd a year ago.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 14 2009 | 2:37 PM IST

Next Story