Reliance’s July Fuel Exports at 1.3 Million Tons, Ship Data Show

Reliance Industries Ltd. (RIL), owner of the world’s biggest refining complex, exported at least 1.3 million metric tons of oil products last month, shipping data show.

Mumbai-based Reliance, India’s largest listed company, exported the products from its Jamnagar facility in western India to destinations including the U.S., Brazil, Singapore and the Middle East, according ship transmissions and vessel chartering tracked by Bloomberg and data from Clarkson Research Services Ltd.

In June, the company’s oil-product exports were at least 1.6 million tons, according to data compiled by Bloomberg. Shipbrokers aren’t obliged to report charters, so the scope of data capture can vary from month to month. All figures from Clarkson are for single-voyage bookings and exclude long-term charters.

Reliance exported at least 443,000 tons of gasoil, or diesel, in July, with about 61 percent of that going to Brazil, according to transmissions captured by AISLive on Bloomberg and data from Clarkson Research, a unit of the world’s biggest shipbroker.

Manoj Warrier, a spokesman for Reliance in Mumbai, didn’t respond to an e-mail seeking comment. The company does not disclose details of its oil-product exports.

Cape Endurance

Petroleo Brasileiro SA (PETR4), Brazil’s state-controlled oil company, hired the NS Asia to transport 90,000 tons of gasoil from the port of Sikka near Jamnagar, vessel-charter data show. The ship left the Indian port in early July and was last tracked off Brazil’s east coast near Sao Paolo, according to transmissions captured by Bloomberg.

Reliance’s gasoline shipments totaled at least 245,000 tons in July, and were sent to destinations including the U.S. and Singapore. The company hired the Cape Endurance to ship 90,000 tons of the fuel to the U.S., and transmissions show the vessel in the Mediterranean Sea sailing towards the Strait of Gibraltar after sailing from Sikka through the Suez Canal.

Reliance also shipped at least 190,000 tons of jet fuel and 110,000 tons of naphtha to destinations including Japan and Europe, according to the data. The type of product could not be determined for 265,000 tons of fuels that left Sikka during July.

Reliance, controlled by billionaire Mukesh Ambani, runs two refineries in Gujarat state. They can process heavy grades of crude and have a throughput of as much as 1.24 million barrels a day, accounting for about 1.6 percent of global refining capacity, according to the company’s website.

The company exports more products from its plants than state-owned rivals including Indian Oil Corp. and Bharat Petroleum Corp., which sell most of their fuels domestically.

To contact the reporter on this story: Pratish Narayanan in Mumbai at pnarayanan9@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net