Reliance declares force majeure on gasoline exports from Jamnagar: Report


India's Reliance Industries, which operates the world's largest refining complex, has declared force majeure on gasoline exports from its Jamnagar site, four people familiar with the matter said on Wednesday, potentially boosting margins for other suppliers of the oil product.

The force majeure follows an unspecified issue at a gasoline-producing fluid catalytic cracker (FCC) unit in its export-oriented refinery with a capacity of more than 500,000 barrels per day (bpd) in the special economic zone in Jamnagar, two of the people.

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