Reliance cuts alkylate exports to increase LPG output
Reliance is cutting alkylate exports to boost domestic LPG output during a fuel shortage. The company increased LPG production threefold to offset import losses.
Xurve View
Insights:
Xurve View
RELIANCE INDUSTRIES LTD increased LPG production more than threefold to address fuel shortages in India following the conflict in Iran. The refiner is operating its alkylation unit at minimum rates, curtailing exports of gasoline-blending components to the United States. India faces its worst gas crisis in decades after losing access to Middle Eastern imports that met 90% of demand.
