Tropical Depression in Arabian Sea May Intensify, Head to India Oil Area

A tropical depression in the Arabian Sea may intensify into a cyclone and head toward India’s west coast, where the world’s largest oil refining complex owned by Reliance Industries Ltd. and ports are located.

The depression, about 1,050 kilometers (650 miles) southwest of Mumbai, may move in a northwesterly direction for the next 48 hours and then head northeast toward Gujarat state, the India Meteorological Department said in a statement on its website issued at 1:00 a.m. local time.

Gujarat may begin experiencing winds of up to 55 kilometers (34 miles) per hour starting June 2, it said.

Reliance’s Jamnagar facility, Essar Oil Ltd.’s Vadinar refinery and the Mundra and Sikka ports that handle crude oil and product shipments are located in Gujarat.

To contact the reporter on this story: Natalie Obiko Pearson in Mumbai at npearson7@bloomberg.net.

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