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How many refinery are there in reliance?
The Jamnagar Refinery is a private sector crude oil refinery owned by Reliance Industries Limited in Jamnagar, Gujarat, India. The refinery was commissioned on 14 July 1999 with an installed capacity of 668,000 barrels per day (106,200 m3/d)….Jamnagar Refinery.
| Refinery details | |
|---|---|
| Commissioned | 14 July 1999 |
| Capacity | 60 MMTPA in FY 2017-18 |
Which refinery is the eco friendly refinery with zero discharge of effluent gases?
Panipat Refinery
Panipat Refinery is an oil refinery located in Baholi, Panipat, Haryana, India.
What is average gross refining margin?
Gross refining margin (GRM) is the value addition of products per barrel of crude. Since mid-2020, benchmark Singapore GRM is negative. In Q4, GRM was $1.87 per barrel, well below the long-term average of $6.25.
What is Singapore benchmark GRM?
The benchmark Singapore gross refining margin (GRM) has recovered strongly. GRM is the amount that refiners earn from turning each barrel of crude oil into fuel products. So far in FY22, the Singapore GRM stands at $3.2 per barrel, up 538 percent year-on-year, the broker said.
Who built Reliance refinery?
Bechtel and its worldwide team completed this massive project in a record time of less than three years.
What is the gross refining capacity of Indian Oil?
The group refining capacity is 80.2 million metric tonnes per annum (MMTPA) – the largest share among refining companies in India.
How many oil refineries are there in India?
Indian Oil group owns and operates 11 of India’s 23 refineries – ranging from the oldest one in the country at Digboi (capacity – 0.65 MMTPA) which commenced operations in 1901, to the latest at Paradip (capacity – 15 MMTPA) which was dedicated to the nation in 2016.
How is Singapore GRM calculated?
GRM is the difference between crude oil price and total value of petroleum products produced by the refinery. For example, if a refinery receives $80 from the sale of the products refined from a barrel of crude oil that costs $70/bbl, then the Refinery Gross Margin is $10/bbl.
What is refining margin?
Refinery margins are a measure of the value contribution of the refinery per unit of input. Typically this is per barrel of crude oil processed, but it could also include other feedstocks as inputs.
What is a refining margin?
How is refining margin calculated?