Reliance refinery output normal after fire
Reliance Industries Ltd is operating its refinery with its usual grades of crude oil and will meet all sales commitments, it said a day after fire damaged a desulphurisation unit.
By PTI |
NEW DELHI/MUMBAI: Reliance Industries Ltd is operating its refinery with its usual grades of crude oil and will meet all sales commitments, it said a day after fire damaged a desulphurisation unit.
"The refinery has enough flexibility built into its configuration to allow normal operations as per its usual heavy and sour crude slate and premium-grade product mix," the company said in a statement late on Thursday.
"All sales and other commitments of the refinery are being adhered to without any interruption at all," it said.
Fire damaged a secondary unit of the refinery on Wednesday, sending its shares down 1.6 per cent on Thursday.
The affected unit -- also known as a hydrotreater -- at the 660,000 barrels per day refinery at Jamnagar in western India was put out of action by the blaze but an official said the firm had been able to make up for its loss.
Reliance had not suffered any cut in production, he said.
"All the units are running at full capacity (but) there is minor damage to ... a hydrotreater unit," P Raghavendran, chief of the firm's refining business, told Reuters.
The fire was brought under control within two hours.
Capacity at a second hydrotreater was being utilised and other partly processed feed stocks were being used to ensure production went unaffected.
The shut unit supplied a fluidised catalytic cracker unit (FCCU), which produced gasoline and olefins.
"Feed to the FCCU can come either come by processing the intermediate feed or we can actually use finished inputs like sweet vacuum gas oil which can always be imported," Raghavendran said.
He said Reliance had a stock of intermediate feed that would last for 25 days. The company has ordered two independent investigations into what went wrong.
"A specialist committee from outside, including some foreign experts, (will) investigate the cause of the fire and thoroughly ensure that never again will any such thing happen," P K Kapil, the refinery's head, said in an internal email made available to Reuters by Reliance.
Shares in Reliance closed at Rs 1,175.20, down nearly Rs 19 but above an intraday low.
"The refinery has enough flexibility built into its configuration to allow normal operations as per its usual heavy and sour crude slate and premium-grade product mix," the company said in a statement late on Thursday.
"All sales and other commitments of the refinery are being adhered to without any interruption at all," it said.
Fire damaged a secondary unit of the refinery on Wednesday, sending its shares down 1.6 per cent on Thursday.
The affected unit -- also known as a hydrotreater -- at the 660,000 barrels per day refinery at Jamnagar in western India was put out of action by the blaze but an official said the firm had been able to make up for its loss.
Reliance had not suffered any cut in production, he said.
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"All the units are running at full capacity (but) there is minor damage to ... a hydrotreater unit," P Raghavendran, chief of the firm's refining business, told Reuters.
The fire was brought under control within two hours.
Capacity at a second hydrotreater was being utilised and other partly processed feed stocks were being used to ensure production went unaffected.
The shut unit supplied a fluidised catalytic cracker unit (FCCU), which produced gasoline and olefins.
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"Feed to the FCCU can come either come by processing the intermediate feed or we can actually use finished inputs like sweet vacuum gas oil which can always be imported," Raghavendran said.
He said Reliance had a stock of intermediate feed that would last for 25 days. The company has ordered two independent investigations into what went wrong.
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"A specialist committee from outside, including some foreign experts, (will) investigate the cause of the fire and thoroughly ensure that never again will any such thing happen," P K Kapil, the refinery's head, said in an internal email made available to Reuters by Reliance.
Shares in Reliance closed at Rs 1,175.20, down nearly Rs 19 but above an intraday low.
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