'Refinery largest and most complex in the World', says Mr Ambani

09 Jun '08

5 min read

The refinery is expected to be completed ahead of schedule. For this, the credit goes to the dedication and commitment of all members of the team. In true Reliance tradition, they have made aggressive and fast track implementation efforts. It will ensure the completion of the refinery in less than 36 months.
This will be a new record for project implementation of large refineries across the world.

This is because of its large scale, high complexity, and the likely completion of the refinery ahead of schedule at significantly lower capital costs than similar refineries in the world today.

In fact, our capital costs are amongst the most productive in the world. Our capital productivity is a result of tapping into our prior experience in the construction and operation of the existing Jamnagar refinery.

This is especially true in the areas of design and engineering, construction, labor and resource optimization, greater use of local materials and resources. It is truly India's refinery for the world: state-of-the-art, technologically advanced, and producing fuels capable of meeting the most stringent environmental standards.

I am happy to announce that our refinery will start generating revenues from this year itself.

REFINING SECTOR OUTLOOK:
The increasing prices of crude and products across the globe have become one of the key issues facing the world today. However, the demand for petroleum products continuesto grow despite high oil prices.

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