Seeks To Rebuild Ties
2020年9月28日 日常Reliance’s Jio telecom business is expected to roll out the country’s largest 4G mobile network when it launches later this year.The comments came as Reliance posted its biggest quarterly profit in over eight years on better margins in the company’s core refining and petrochemical business.80 a barrel, up from $10.The company had made small purchases from Iran in the current quarter and was currently engaged in talks for bigger supplies, indicating that it could also get into a long-term supply contract, said V Srikanth, Reliance’s joint chief financial officer.
“We have had engagements with Iran before the sanctions and they have grades of crude that are attractive to us from where we are,” Mr Srikanth said at a news conference on Friday.India is set to import at least 400,000 barrels per day (bpd) of Iranian oil in the year from April 1, with refiners looking to ramp up purchases after the sanctions targeting Tehran ended in January, sources had told Reuters.The gross refining margin on each barrel of crude processed was $10.Mr Anshuman Thakur, head of strategy at Reliance Jio said the company will expand its internal customer base for Reliance Jio’s telecom service to two million people from the current half a million people and will launch full service by the end of the year.1 per barrel a year ago, Reliance said.Mr Srikanth said the company will be able to sustain margins at above $10 — one of the highest among global refiners — in the current financial year.
Reliance Industries Ltd, India’s biggest oil refiner, said that it is looking to buy more crude from Iran as the company seeks to rebuild ties to benefit from shorter shipping distances.jpgReliance Industries Ltd, India’s biggest oil refiner, said that it is looking to buy more crude from Iran as the company seeks to rebuild ties to benefit from shorter shipping distances.11 billion) for the Jan-March period — its highest quarterly profit since December 2007.Reliance, which still gets 95 per cent of its profit from oil and petrochemicals, has https://www.foamingscrew.com/product/come-twin-foaming-screw-material-special-barrel-screw/ telecom and last month launched an e-commerce company.The company said it has already spent Rs 1.Reliance, controlled by Mukesh Ambani, reported an estimate-topping net profit of Rs 7,398 crore ($1.2 lakh crore towards setting up a pan-India telecom network and will be spending another Rs 30,000 crore.23RIL. end-of.
“We have had engagements with Iran before the sanctions and they have grades of crude that are attractive to us from where we are,” Mr Srikanth said at a news conference on Friday.India is set to import at least 400,000 barrels per day (bpd) of Iranian oil in the year from April 1, with refiners looking to ramp up purchases after the sanctions targeting Tehran ended in January, sources had told Reuters.The gross refining margin on each barrel of crude processed was $10.Mr Anshuman Thakur, head of strategy at Reliance Jio said the company will expand its internal customer base for Reliance Jio’s telecom service to two million people from the current half a million people and will launch full service by the end of the year.1 per barrel a year ago, Reliance said.Mr Srikanth said the company will be able to sustain margins at above $10 — one of the highest among global refiners — in the current financial year.
Reliance Industries Ltd, India’s biggest oil refiner, said that it is looking to buy more crude from Iran as the company seeks to rebuild ties to benefit from shorter shipping distances.jpgReliance Industries Ltd, India’s biggest oil refiner, said that it is looking to buy more crude from Iran as the company seeks to rebuild ties to benefit from shorter shipping distances.11 billion) for the Jan-March period — its highest quarterly profit since December 2007.Reliance, which still gets 95 per cent of its profit from oil and petrochemicals, has https://www.foamingscrew.com/product/come-twin-foaming-screw-material-special-barrel-screw/ telecom and last month launched an e-commerce company.The company said it has already spent Rs 1.Reliance, controlled by Mukesh Ambani, reported an estimate-topping net profit of Rs 7,398 crore ($1.2 lakh crore towards setting up a pan-India telecom network and will be spending another Rs 30,000 crore.23RIL. end-of.
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