Reliance Industries (RIL) is reportedly planning to double cracker capacity at the Jamnagar refinery. The work is expected to be complete by December 2016, and is ready for large-scale imports of ethane as feedstock from the US. Expansion plans of the PET and PX are also on schedule.
In the upstream business, shale gas investments are in capital protection mode. RIL is open to monetizing these businesses in the future. Over 1,050 fuel retail outlets are operational and another 200 in advanced stages of commissioning.
RIL is an India-based private sector company, with business in energy and materials value chain and in retail and digital services. The Company operates in four segments: refining, petrochemicals, oil & gas and organized retail. The refining segment includes production and marketing operations of the petroleum products.
