SINGAPORE, Dec 23 (Reuters) - India's Reliance Industries Ltd has leased 100,000 cubic metres of clean oil products storage in Singapore from Dutch oil and chemicals storage operator Royal Vopak NV, industry sources said on Tuesday.
'The Reliance storage is part of the new Vopak capacity that came online these last few weeks,' one industry source told Reuters.
The move came as the private Indian refiner, which traded gas oil for the first time on Monday in the Singapore Platts daily price assessment exercise as Reliance Industries Middle East, prepares to commission its new 580,000 barrels per day (bpd) refinery in Jamnagar soon.
(Reporting by Chua Baizhen, Seng Li Peng, and Luke Pachymuthu in DUBAI, Editing by Ramthan Hussain) Keywords: RELIANCE SINGAPORE/STORAGE (baizhen.chua@thomsonreuters.com; +65 6870 3958; Reuters Messaging: baizhen.chua.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'The Reliance storage is part of the new Vopak capacity that came online these last few weeks,' one industry source told Reuters.
The move came as the private Indian refiner, which traded gas oil for the first time on Monday in the Singapore Platts daily price assessment exercise as Reliance Industries Middle East, prepares to commission its new 580,000 barrels per day (bpd) refinery in Jamnagar soon.
(Reporting by Chua Baizhen, Seng Li Peng, and Luke Pachymuthu in DUBAI, Editing by Ramthan Hussain) Keywords: RELIANCE SINGAPORE/STORAGE (baizhen.chua@thomsonreuters.com; +65 6870 3958; Reuters Messaging: baizhen.chua.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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