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RIL becomes biggest importer of ethane from US in 2017

24 Aug 2017 Evaluate

Reliance Industries (RIL) has become the biggest importer of ethane from the US in 2017. The company will ship around 1.6 million tonnes (MT) per annum of ethane from the US for its cracker portfolio in India. The company has an ethane supply contract in place with Enterprise Product Partners out of their Morgan’s Point terminal in the US Gulf coast.

Reliance Industries (RIL) is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.


Peers
Company Name CMP
Reliance Industries 1206.65
Indian Oil Corpn. 130.50
Bharat PetroleumCorp 297.00
HPCL 343.05
MRPL 182.85
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