Home / Knowledge / News / Textiles / Gujarat to have seven more SBMs to facilitate oil imports
Gujarat to have seven more SBMs to facilitate oil imports
Jun '08
With an additional seven single buoy moorings (SBMs), Gujarat is likely to emerge as a leading oil refinery hub of the world and since Reliance and Adani Groups are pioneering this project, the proposition may turn into a reality in a just another four years.

For enhancing imports through very large crude carriers (VLCC), giant players like Reliance, Adani, Essar, Indian Oil Corporation (IOC) and Bharat Oman Refinery are planning to install SBMs which are essentially an unloading platform in the ocean that facilitates oil transfer to coast and then to the refinery through land pipeline.

Government officials have revealed the likelihood of having seven additional SBMs along the coast of Gujarat to the existing seven operating in the state.

Of these, Reliance has proposed to set up three at Sikka and another one at Hazira port which will be an addition to its three already existing SBMs in Gujarat. The company will be investing some Rs12,000 millions in Sikka and Rs3,000 million at Hazira.

Adani Group has also expressed the desire to set up two more SBMs with an investment of Rs10,000 million. The seventh one is likely to come from Bharat Oman Refinery which plans to invest Rs5,000 million for the project.

Must ReadView All

Textiles | On 22nd May 2017

GST to be biggest achievement of Modi govt: ASSOCHAM

Goods and Services Tax (GST) which is near a roll-out would be the...

Textiles | On 22nd May 2017

Maintaining NAFTA benefits is crucial: Cotton council

The US must remain a participant in a vibrant North American Free...

Apparel/Garments | On 22nd May 2017

Retailers ask Congress not to go for consumption tax

The National Retail Federation has asked US Congress to focus on...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search