Reliance Inds' exports predicted at US$4.5 billion for the next fiscal

14-Jan-05

In this fiscal, Reliance Industries Ltd (RIL), India's only private sector oil refiner, exported petroleum products to the tune of US$3.4 billion. RIL plans to export almost US$4.5 billion worth of petroleum products in 2004-05. Last fiscal, RIL exported 7.61 million tons of petroleum products and expects to export over 9 million tons of products this fiscal. RIL exported jet fuel, diesel, petrol and naphtha to places as far as Latin America. Saudi Arabia, Iran and Brazil were the company's largest customers of diesel.