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This Article is From Aug 15, 2018

Reliance Shuts Unit In Jamnagar Refinery For Two Weeks

Reliance Shuts Unit In Jamnagar Refinery For Two Weeks
A Reliance Industries Ltd. petrochemical plant is pictured at night in Jamnagar, Gujarat. (Photographer: Rajan Chaughule/Bloomberg News)

Reliance Industries Ltd. reported in an exchange filing on Wednesday the shutdown of a unit at its petroleum refinery complex operating at the Jamnagar Special Economic Zone in Gujarat.

The company said that one of the fluid catalytic cracking units at the refinery, which can process over 500,000 barrels of crude oil per day, will restart after two weeks, though it didn't specify any reason. The rest of the refinery, the filing said, will function normally and won't affect overall operations.

A company spokesperson was yet to respond to calls and emails sent by BloombergQuint.

News agency Reuters reported that Reliance Industries has declared force majeure on gasoline exports from the refinery complex, citing four people familiar with the matter. Two of the people cited pointed to an unspecified issue at a gasoline-producing fluid catalytic cracking unit in the refinery.

A force majeure is typically declared when an extraordinary phenomenon disrupts a company's ability to fulfil its obligations.

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