GE Oil & Gas to Supply Compressors for Refinery Project In India
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AMSTERDAM, THE NETHERLANDS - June 7, 2006 - GE's Oil & Gas business will be among the suppliers of compression technology to Reliance Petroleum Ltd. (RPL) for a project in Jamnagar, India that will result in the world's largest refinery complex at a single location.
The Jamnagar Export Refinery is located in a Special Economic Zone adjacent to an existing refinery owned by Reliance Industries, Ltd. (RIL) that currently ranks as the third largest single-location refinery in the world. RIL created RPL as a startup venture for the Jamnagar refinery project.
When the new, 580,000 barrel-a-day refinery project is completed in December of 2008, the total capacity for the RIL-RPL Jamnagar site will be more than 1.2 million barrels per day. Jamnagar is in Gujarat State, about 400 kilometers from Ahmedabad.
The refinery project is expected to help transform India from a net importer to a net exporter of petroleum products, with target export markets including Europe, the United States and the Far East.
"We are extremely pleased that our technology has been chosen to help support this project, which will provide significant benefits for the economy of India," said Vivek Venkatachalam, Area Manager - India, Bangladesh and Sri Lanka for GE's Oil & Gas business.
GE will supply three reciprocating compressors, two screw compressors and spare parts for the project. The reciprocating compressors will be manufactured at GE's Oil & Gas facilities in Florence, Italy, while the screw compressors will be supplied from GE's plant in Oshkosh, Wisconsin. The equipment will be shipped during the first and second quarters of 2008.
GE supplied similar machines to Reliance for an earlier project in 1997 and 1998.
GE's Oil & Gas business manufactures a complete range of compressors for all major compression services. These machines are used in oil and gas production, gas transportation, refinery and petrochemical industries.
About GE's Oil & Gas business
GE's Oil & Gas business is a world leader in advanced technology turbomachinery products and services, with engineering and manufacturing centers of excellence throughout Europe and the United States. Based in Florence, Italy, the company offers complete solutions for production, LNG, transportation, storage, refineries, petrochemicals and distribution systems, as well as pipeline integrity solutions including analysis and pipeline asset management.
For more information, contact:
Gabriele Peri Ken Darling or Howard Masto
GE Masto Public Relations
Oil & Gas +1 518 786 6488
+39 055 423 8280 kenneth.darling@ge.com
gabriele.peri@ge.com howard.masto@ge.com
