Reliance Industries Ltd.

Reliance Industries (RIL) is implementing a project to import 1.5 million tonnes of ethane to feed its crackers in India, taking advantage of the US shale gas revolution. The company has executed storage and capacity agreements for liquefaction and export of ethane with a North American terminal, which is expected to commence operations in the second half of 2016.

The project will significantly improve the long term competitiveness of the company’s cracker portfolio through dedicated feedstock, enhanced margins, higher capacity and end-to-end integration. Ethane is the second-largest component of natural gas after methane and it has become the dominant feedstock for crackers replacing liquids in last five years.

The company is also building a world-scale 'receiving and storage facility' in India for liquefied ethane and pipeline to deliver ethane to its crackers.

Reliance Industries, is a Fortune Global 500 company and is the largest private sector company in India. Its activities span exploration and production of oil and gas, petroleum refining and marketing, petrochemicals (polyester, fibre intermediates, plastics and chemicals), textiles, retail, infotel and special economic zones.