Centre looks to dip into RILs diesel exports
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23/07/2008
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Economic Times (New Delhi)
2 MT OF DIESEL TO FEED DEMAND
Rajeev Jayaswal & Soma Banerjee NEW DELHI
FACED with an unprecedented growth in diesel demand, the government is examining the possibility of diverting to the domestic market 2 million tonnes of the 11 million tonnes a year of diesel that Reliance's Jamnagar refinery exports.
The proposal also envisages extending deemed export status to such domestic sales, akin to the benefit extended to the Jamnagar refinery's sale of cooking gas to the domestic market. The plan also moots a sale price for such diverted diesel, below the import price