SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

RIL sells 2-3 million tonne of petroleum products a year to Africa

10 Dec 2011 Evaluate

Reliance Industries (RIL), India’s biggest gas producer, is currently selling 2-3 million tonne of petroleum products a year to Africa and sees potential for more. At present, RIL directly sells products into East Africa through its marketing firm Gapco.

RIL, which owns the world's biggest refining complex with total combined capacity of 1.24 million barrels per day (bpd) of oil, currently exports most of the fuels from its giant complex as India does not compensate private refiners for selling fuels such as diesel and kerosene at subsidized rates mandated by the government.  Its major markets are the United States, Europe, Latin America and Asia.

Out of the 1,400 fuel stations it has in the country, RIL is currently operating 600 fuel stations, mainly in western and southern India. The company is in no mood to expand its local retail operations unless it gets a level playing field.

Reliance Industries Share Price

1365.10 21.65 (1.61%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1365.10
Indian Oil Corp. 145.85
BPCL 312.05
HPCL 370.95
MRPL 183.20
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×