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Thursday December 25, 05:40 PM
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Reliance starts world's biggest refinery complex
MUMBAI (Reuters) - Reliance Industries Ltd (RELIANCE.NS : 1045.95 -17.8
) on Thursday commissioned its 580,000-barrels-per-day (bpd) refinery in western India, doubling its capacity and creating the world's biggest refinery complex just as global oil demand retreats.
The $6-billion project makes the oil complex in Jamnagar in Gujarat the world's single largest supplier of fuels to the global market, pumping out 1.24 million bpd.
The entire complex is expected to reach full capacity 'shortly,' Reliance Petroleum, Reliance Industries' unit that runs the refinery, said in a statement.
