India's Reliance Industries has offered up to 270,000 tonnes of gasoline for June-August loading via private negotiations, more than what it had sold for April-June liftings, trade sources said on Friday.Reliance has offered 90 and 95 RON gasoline and oxygenate-free cargoes for sale, and customers have the option to buy either standalone or combine cargoes of the grades offered."Buyers can take
either 30,000 tonnes 60,000 tonnes or 90,000 tonnes. They are offering 30,000 tonnes of optional oxy-free cargoes also, one each month," said one of the trade source.He said the oxygenate-free parcels would be supplied from the new 580,000 barrels per day (bpd) refinery, run by Reliance Petroleum Ltd (RPET.BO: Quote, Profile, Research).In March, Total SA bought a total 180,000 tonnes of gasoline from Reliance for April-June lifting at a discount of $1.50-$1.80 a barrel to Singapore quotes, on a free-on-board (FOB) basis. ID:nSP430501]. Reliance recently commissioned a 200,000-bpd fluid catalytic cracker unit at its new refinery in Jamnagar in western India, which was slated to be running at half its capacity. [ID:nDEL470956] (Reporting by Nidhi Verma; Additional reporting by Seng Li Peng in SINGAPORE; Editing by Ramthan Hussain)
either 30,000 tonnes 60,000 tonnes or 90,000 tonnes. They are offering 30,000 tonnes of optional oxy-free cargoes also, one each month," said one of the trade source.He said the oxygenate-free parcels would be supplied from the new 580,000 barrels per day (bpd) refinery, run by Reliance Petroleum Ltd (RPET.BO: Quote, Profile, Research).In March, Total SA bought a total 180,000 tonnes of gasoline from Reliance for April-June lifting at a discount of $1.50-$1.80 a barrel to Singapore quotes, on a free-on-board (FOB) basis. ID:nSP430501]. Reliance recently commissioned a 200,000-bpd fluid catalytic cracker unit at its new refinery in Jamnagar in western India, which was slated to be running at half its capacity. [ID:nDEL470956] (Reporting by Nidhi Verma; Additional reporting by Seng Li Peng in SINGAPORE; Editing by Ramthan Hussain)source : in.reuters.com/article/domesticNews/idINDEL34485220090522
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