(EnergyAsia, September 1) — Reliance Industries’ plans to double capacity at its Jamnagar refinery to 1.2 million b/d is a huge boost for stretched global refining capacities, signalling a clear recovery in the refining industry, analysts said. The shortage of global refining capacity after years of under-investment has helped crude oil prices break through…
INDIA: Reliance’s refining investment shows clear industry turnaround, analysts say
Posted on September 1, 2005 by EnergyAsia