(ET)
Saudi Aramco bought 30,000 tonnes of gasoline from Reliance Industries (RIL) right after the attacks on the former’s units as part of a contingency plan to deal with likely shortages in committed transport-fuel supplies, sources aware of the purchases told.
Aramco’s two major units that process primarily light crude were attacked by drones on September 14. Right after the attacks, Aramco’s trading arm is believed to have purchased cargoes of gasoline, diesel, aviation fuel and even petrochemical feedstock to ensure disruption-free supplies.
“RIL received an order two days after the attack, with a request to supply at the earliest because Aramco wanted to ensure its supplies are not disrupted,” an industry source told.RIL, India’s most valuable company, and Aramco did not respond to ET’s query on the subject.
