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RIL's feedstock price doubles in one year: Is KG Basin gas the cheapest option then? – 11 Jun 2021

Jun 11, 2021

RIL's ethane imports from the US are becoming more expensive

Prices have shot up. almost doubled, over the last one year

Clearly, it looks like using gas out of its own KG Basin fields at a lower ceiling price in its crackers is a cheaper option than any other feedstock

While there is a loss in gas sales, it makes up some of it by using this gas for its own consumption. No wonder therefore the company is so keen to corner as much gas as possible after the affiliate company non-use clause was scrapped

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