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RIL restarts crude unit after brief shutdown

The world's largest refiner restarted its Crude Distillation Unit (CDU) after being shut for a week for maintenance

May 20, 2013 / 19:26 IST
     
     
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    Reliance Industries, the world's largest refiner, has restarted a 330,000 barrels per day crude distillation unit (CDU) on Monday following a shutdown last week for maintenance, traders said.


    The privately-run refiner operates two refineries in Jamnagar on the Arabian Sea with a total capacity of 1.24 million barrels per day (bpd).


    The CDU, which was shut last week, was located in the older, 660,000 bpd refinery.

    Also read: Oil Ministry recommends gas price hike to USD 6.7 from USD 4.2


    "The shutdown should have taken place before it sold a June naphtha cargo last week," said a trader.


    Reliance had on May 16 sold 55,000 tonnes of naphtha for June loading from Sikka to Chevron.


    Reliance's naphtha exports so far this year averaged about 72,000 tonnes a month from January to May versus 113,000 tonnes during the same period in 2012.

    first published: May 20, 2013 05:48 pm

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