20 August 2014
ABOUT RELIANCE INDUSTRIES LIMITED, RIL
Details
is implementing a project to source
1.5 MMTPA of Ethane from US to feed its
crackers in India.
Reliance has now executed storage and capacity agreements
for liquefaction and export of ethane with a North American Terminal,
which is expected to commence operations in
the second half of 2016.
For the purpose of transporting liquefied ethane to India
in a safe and cost efficient manner,
Reliance has ordered
six state-of-the-art Very Large Ethane Carriers (VLECs)
which will be the largest vessels ever built in the world.
The ships are expected to be delivered
starting last quarter of 2016
in synchronisation with the readiness of terminal in
North America.
Reliance is also building
a world-scale receiving and storage facility in India
for liquefied ethane and pipeline to deliver ethane
to our crackers.
Reliance will be upgrading its crackers
to maximize cracking of Ethane,
have maximum operational flexibility and capability
to optimize feed stocks with complete control of supply chain.
The project will significantly improve
the long term competitiveness of our cracker portfolio
through dedicated feedstock, enhanced margins,
higher capacity and end-to-end integration.
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