Reliance Industries Ltd Emerging as a Global Energy Player

摘要

Reliance Industries Ltd, India's Largest Corporate, is emerging as a major energy player. The two very large projects founded on the energy growth platforms, namely the KG basin production and Reliance Petroleum Ltd refinery, which will be commissioned in the second half of this financial year, will enable Reliance become a major energy player. And they will transform India's energy security. The new Jamnagar refinery will create the largest refining site in the world. Commissioning of oil and gas production systems will make Reliance one of the largest deep-water international oil and gas companies in the world. There are rising challenges in the Oil & Gas Exploration & Production (E&P) sector. The capital expenditure in the E&P industry worldwide is estimated to be upwards $300 billion per annum. Operators are increasingly looking at opportunities in the deep waters of the Gulf of Mexico, West Africa, Latin America and in the Asia Pacific region.