×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Reliance in first term diesel deal with Hess

Reliance in first term diesel deal with Hess
Comment E-mail Print Share
First Published: Fri, Mar 13 2009. 11 51 AM IST
Updated: Fri, Mar 13 2009. 11 51 AM IST
New Delhi: Reliance Industries has sold at least 4 diesel cargoes of 65,000 tonnes each to Hess Corp, its first ever term contract with the U.S.-based refiner, with supplies beginning in April, trade sources said.
The Indian firm would supply one cargo of 10ppm diesel each quarter at parity to Platts quotes for north-west Europe, the sources, who asked not to be identified, said on Friday.
Supplies would come from Reliance’s new 580,000 barrels per day refinery, commissioned in December.
Comment E-mail Print Share
First Published: Fri, Mar 13 2009. 11 51 AM IST