NEW DELHI: Reliance Industries Ltd, owner of the world’s biggest refining complex, shipped in about 0.7 percent less oil in September compared with a year earlier, according to tanker arrival data from trade sources and ship-tracking services on the Thomson Reuters terminal.
Reliance, which has a diversified crude slate and shifts purchases to maximise revenue, bought about 1.48 million barrels per day oil last month, a growth of about 21 percent from August. The share of Latin American and African oil in Reliance’s overall imports rose in the first three quarters of 2017, while that of Middle Eastern oil declined, the data showed. Reliance’s two advanced refineries in the western Indian state of Gujarat can together process 1.2 million bpd of oil, or about 26 percent of India’s overall capacity.
