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Fw: Reliance completes 82% Refinery (&Coker) Expansion by Dec 31

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This topic contains 1 reply, has 1 voice, and was last updated by  Charles Randall 15 years, 2 months ago.

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  • #3828

    Charles Randall

    India’s Reliance Petro completes 82 pct of refinery
    Reuters – Wednesday, January 16
    Ahead of the announcement, shares in Reliance Petroleum ended down 2.5 percent at 219.70 rupees in a weak Mumbai market that dropped 2.3 percent. (Reporting by Devidutta Tripathy; Editing by Ranjit Gangadharan) 
     MUMBAI, Jan 15, 2008 – India’s Reliance Petroleum Ltd , which is building a 580,000 barrel per day refinery, has completed 82 percent of the work by Dec. 31,2007 the company said on Tuesday.
    The company is a subsidiary of Reliance Industries Ltd , India’s most-valuable listed firm that runs a 660,000 bpd refinery next to the new project at Jamnagar in the western state of Gujarat.
    Reliance Petroleum, in which Chevron Corp owns a 5 percent stake, said in a statement it was on course to complete the project ahead of its initial schedule of December 2008.

  • #7101

    Charles Randall

    Here is update on the Reliance Refinery & Coker expansion that is ahead of its scheduled completion by Dec 2008.
    They have a good track record for bringing in projects/expansions ahead of schedule or ontime.
    Reliance just completed a maintenance turnaround which included taking care of cracked drum on existing coker (currently worlds largest).

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