Reliance increases fuel exports in August
Reliance Industries Ltd. (RIL), owner of the world’s biggest refining complex, increased exports last month from its plants on India’s west coast to at least 2.4 million metric tons of oil products, shipping data show, Bloomberg reports. Mumbai-based Reliance, India’s largest listed company, delivered the products from its Jamnagar facility in the state of Gujarat to destinations including the U.S., Europe, Brazil, Africa and the Middle East, according ship transmissions and vessel chartering tracked by Bloomberg and data from Clarkson Research Services Ltd.
The company’s oil-product exports in July were at least 1.3 million tons, according to data compiled by Bloomberg. Shipbrokers aren’t obliged to report charters, so the scope of data capture can vary from month to month. All figures from Clarkson are for single-voyage bookings and exclude long-term charters.
Reliance exported at least 910,000 tons of gasoline in August, with shipments headed to destinations including the Middle East, Singapore and Europe, according to transmissions captured by AISLive on Bloomberg and data from Clarkson Research, a unit of the world’s biggest shipbroker.
Manoj Warrier, a spokesman for Reliance in Mumbai, didn’t respond to an e-mail seeking comment. The company doesn’t disclose details of its oil-product exports.
Khawr Aladid
The company hired the vessel Khawr Aladid to transport 80,000 tons of gasoline to Europe from the port of Sikka near Jamnagar, vessel-charter data show. The ship sailed from the Indian port in late August and was last tracked in the Mediterranean Sea after passing through the Suez Canal, according to transmissions captured by Bloomberg.
Reliance’s gasoil, or diesel, shipments totaled at least 630,000 tons in August, with destinations including Brazil, Sri Lanka and Africa. Petroleo Brasileiro SA (PETR4), Brazil’s state- controlled oil company, hired the Swarna Kamal to transport 90,000 tons of the fuel to the Latin American nation, vessel- fixture data show. The ship left Sikka in early August and was last tracked near the coast of Brazil after sailing through the south of Africa, transmissions show.
Reliance also shipped at least 140,000 tons of jet fuel and 220,000 tons of naphtha to destinations including Japan and Europe, according to the data. The type of product couldn’t be determined for 530,000 tons that left Sikka during July.
Reliance, controlled by billionaire Mukesh Ambani, runs two refineries in Gujarat state. They can process heavy grades of crude and have a throughput of as much as 1.24 million barrels a day, accounting for about 1.6 percent of global refining capacity, according to the company’s website.
The company exports more products from its plants than state-owned rivals including Indian Oil Corp. and Bharat Petroleum Corp., which sell most of their fuels domestically.
The company’s oil-product exports in July were at least 1.3 million tons, according to data compiled by Bloomberg. Shipbrokers aren’t obliged to report charters, so the scope of data capture can vary from month to month. All figures from Clarkson are for single-voyage bookings and exclude long-term charters.
Reliance exported at least 910,000 tons of gasoline in August, with shipments headed to destinations including the Middle East, Singapore and Europe, according to transmissions captured by AISLive on Bloomberg and data from Clarkson Research, a unit of the world’s biggest shipbroker.
Manoj Warrier, a spokesman for Reliance in Mumbai, didn’t respond to an e-mail seeking comment. The company doesn’t disclose details of its oil-product exports.
Khawr Aladid
The company hired the vessel Khawr Aladid to transport 80,000 tons of gasoline to Europe from the port of Sikka near Jamnagar, vessel-charter data show. The ship sailed from the Indian port in late August and was last tracked in the Mediterranean Sea after passing through the Suez Canal, according to transmissions captured by Bloomberg.
Reliance’s gasoil, or diesel, shipments totaled at least 630,000 tons in August, with destinations including Brazil, Sri Lanka and Africa. Petroleo Brasileiro SA (PETR4), Brazil’s state- controlled oil company, hired the Swarna Kamal to transport 90,000 tons of the fuel to the Latin American nation, vessel- fixture data show. The ship left Sikka in early August and was last tracked near the coast of Brazil after sailing through the south of Africa, transmissions show.
Reliance also shipped at least 140,000 tons of jet fuel and 220,000 tons of naphtha to destinations including Japan and Europe, according to the data. The type of product couldn’t be determined for 530,000 tons that left Sikka during July.
Reliance, controlled by billionaire Mukesh Ambani, runs two refineries in Gujarat state. They can process heavy grades of crude and have a throughput of as much as 1.24 million barrels a day, accounting for about 1.6 percent of global refining capacity, according to the company’s website.
The company exports more products from its plants than state-owned rivals including Indian Oil Corp. and Bharat Petroleum Corp., which sell most of their fuels domestically.