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RPL commissions key processing units

24
Jul '09
Reliance Petroleum Limited (RPL) reported its un-audited financial results for the quarter ended 30th June, 2009.

• Turnover at Rs. 7,639 crore (US$ 1.6 billion)
• PBDIT at Rs. 464 crore (US$ 97 million)
• Cash Profit at Rs. 355 crore (US$ 74 million)
• Net Profit at Rs. 105 crore (US$ 22 million)
• Crude Processed at 4.04 million tonnes
• Polypropylene production at 49 thousand tonnes
• Gross Refining Margin at US$ 5.4 / bbl

Reliance Petroleum Limited (RPL) has successfully commissioned all key processing units, including the Fluidized Catalytic Cracking Unit (FCCU), Vacuum Gas Oil (VGO), Hydrogen Manufacturing Unit (HMU), Diesel Hydro De-Sulphurization (DHDS), Propylene Recovery Unit (PRU), Coker unit and the Polypropylene complex during the quarter ended 30th June 2009. All commissioned facilities are operating close to their respective design capacities. All the support units and utilities are now fully operational.

RPL has processed 4.04 million tonnes of crude oil during the quarter. The refinery has successfully processed more than 20 types of crude oils, including difficult crude oils within a few months of its start-up, thus reflecting superior quality of assets and capabilities.

RPL has exported over 2.5 million tonnes of refined products to 26 countries, including the quality conscious markets of US and Europe. Viewed in the context of current market conditions, this is a significant achievement and reflects RPL's ability to produce and place high quality, value-added products in a challenging market environment.

RPL is focused on achieving the highest standards of safety and reliability at its facilities. The refinery is fully geared to leverage the strength of its complexity and design capabilities to benefit from changing crude and product dynamics towards delivering superior returns even in challenging market conditions.

Commenting on the progress Mr. Mukesh Ambani, Chairman of RPL said “RPL refinery is the largest and the most complex refining asset commissioned anywhere in the world during the last decade. The refinery has had a smooth and safe start up in this quarter and achieved stability of operations. We look forward to the refinery creating significant value.”

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Reliance Petroleum Limited


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