Last Updated :
17 June 2008 at 18:10 IST
Reliance to buy more crude from Saudi Arabia
MUMBAI : Mukesh Ambani led Reliance Industries Limited is all set to import more crude oil from Saudi Arabia, according to a company report.
The company is boosting purchases by at least 90,000 barrels a day, accounting for 30 percent of Saudi Arabia's output increase of 300,000 barrels a day this month.
Reliance operates a 660,000 barrel-a-day refinery at Jamnagar in Gujarat, and would start operations at a 580,000 barrel-a-day plant under unit Reliance Petroleum Ltd. later this year.
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