Reliance delays gasoline export on FCCU glitch
India's Reliance Industries will delay shipping out at least one gasoline parcel by about seven days due to a glitch at its fluidised catalytic cracking unit (FCCU), traders said on Wednesday.
The FCCU has a capacity of 220,000-240,000 barrels per day (bdp), while the Jamnagar refining complex has a total capacity of 600,000 bpd. "There is definitely some problems with the FCCU.
They have sold some vacuum gas oil (VGO) in the last few days," said one of the sources. A Reliance spokesman declined comment.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.