India: RIL Refinery Supplies Euro IV Shipment

The first cargo of 25,000 tonnes of Euro-IV grade diesel from RIL’s refinery at Jamnagar was shipped by Hindustan Petroleum Corporation Ltd (HPCL) last week. PetrolWorld which held its one day Forum in Mumbai also confirmed that it had been in tocuh with MRPL and RIL on the Supply of Euro IV for the April deadline.

Both RIL and MRPL will produce the higher grade of fuel for the Indian market and will ensure supply. However PetorlWorld understands that the demand will be higher than supply and that there maybe initially be teething problems to sort out the gap between production and importing additional supply of Euro IV. Oil marketing companies have to ensure the availability of Euro-IV diesel at the retail outlets of all 13 major cities of India by April 1, the target date.

An RIL spokesperson confirmed the sale of diesel. He did not give details on total production, citing trade confidentiality reasons. Indian Oil Corporation, the biggest oil marketeer, and Bharat Petroleum Corporation Ltd have recently floated tenders to import 120,000 tonnes and 60,000 tonnes of Euro-IV diesel, respectively.

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