Reliance Industries plans refinery unit shutdown for maintenance
pre-market1 source ↓written by the desknot a recommendation
- per day
- 3.3 lakh barrels
Reliance Industries will shut down a refinery unit in Gujarat, with a capacity of 3.3 lakh barrels per day, for annual maintenance. The shutdown is anticipated in June, although the exact timing remains undecided. This comes amid ongoing shortages of crude derivatives like liquified petroleum gas, impacting market dynamics.
• Other units may also undergo staggered maintenance shutdowns.
• Maintenance decisions will be made based on operational needs and market conditions.
Not investment advice. For informational purposes only.