Reliance Industries Ltd.

Reliance Industries (RIL) has marked its entry into cooking gas retailing, launching a 4-kg LPG cylinder in 4 districts on pilot basis. The government had last year permitted RIL to sell up to 1.2 lakh tonnes (LT) of LPG produced at its plants to private cooking gas marketers.

Currently, public sector retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) control retail LPG market, selling cooking gas in 5-kg, 14.2-kg and 19-kg cylinders. They sell 12 cylinders of 14.2-kg or 34 bottles of 5-kg per year to households on subsidized rates and any requirement above that on market price. The 19-kg cylinder is for commercial use.

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.