Marco Rubio in Jamnagar: All about Reliance’s oil refinery in Gujarat
The Jamnagar refinery stopover comes at a time when the world is witnessing widespread uncertainty over oil prices owing to the West Asia conflict.
U.S. Secretary of State Marco Rubio visited India's Jamnagar refinery complex as part of his two-day trip to the country. The refinery, owned by Reliance Industries, is a major player in the global oil market with a crude processing capacity of about 1.4 million barrels per day. The facility consists of two plants, with the second one added in 2008 and being the world's largest oil processing hub at that time.
Rubio's visit comes at a time when the world is experiencing uncertainty in oil prices due to conflicts in West Asia. The U.S. is pushing for diversification of energy imports away from Russia and seeks markets for expanded Venezuelan oil production. Rubio met with External Affairs Minister S. Jaishankar and discussed increasing Venezuelan oil processing with Reliance, highlighting the company's capability to refine heavy crude and its potential role in boosting global oil supplies.
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