Mukesh Ambani owned, Reliance Industries, is planning to shut down its crude distillation unit and a secondary unit for planned maintenance at its newer 580,000 barrels-per-day (bpd) Jamnagar refining complex in the month of January. The company is planning to shut down crude distillation unit, with 13.5 metric tonnes per annum (270,000 barrels-per-day) capacity, for about 40 days in January.
Recently, the company reported that it will be receiving $2.1 billion credit support as the board of Export-Import (Ex-Im) Bank has voted to extend the single largest financing transaction of $2.1 billion to the company. This includes a $1.06 billion direct loan and to guarantee a $1.06 billion JPMorgan Chase loan to the company.
RIL is India's biggest private sector company, and its operations range from oil and gas exploration and production to refining and petrochemicals.
