Post commissioning of this refinery by December 2008, Jamnagar will become the Refining hub of the world, processing approximately 1.2 million barrels of crude oil per day. This will be the largest refining complex at any single location in the world.
Reliance is India's largest exporter with its petroleum products being sold in over hundred countries covering Europe, Americas, Far East, and Africa in developed and emerging economies across various continents and geographies.
Acquisition of GAPCO by Reliance is a strategic step towards achieving its global vision in the petroleum downstream sector by integrating the entire value chain consisting of Refining, Shipping, Trading, Terminalling and Marketing through retail and wholesale segments.
Integration of this entire global value chain presents Reliance an extremely attractive potential upside to gain further prominence in the global petroleum downstream arena. This will help Reliance establish a natural marketing sink for its refinery products and capture value up to the last mile in the global petroleum value chain.
Over the years, Reliance has acquired significant expertise in the petroleum downstream sector in India and has successfully demonstrated its various value propositions like Quality & Quantity, Automation, Fleet Management program and highway Hospitality targeted across various consumer segments.
Reliance expects to leverage on this expertise and contribute significantly to the petroleum downstream sector in East Africa and play key role in the economic growth of the region.
Reliance Industries Limited
marketing@alchempro.com
