MUMBAI, May 22 -- Reliance Industries Ltd (BSE: RIL:500325) has selected Philips 66's (NYSE:PSX) E Gas Technology for its planned gasification plants at Jamnagar which is the largest refining complex in the world with an aggregate refining capacity of 1.3 mn barrels of oil per day.
By using the E Gas Technology the planned gasification plants at Jamnagar will be among the largest in the world and will process petroleum coke and coal into synthesis gas. The synthesis gas will be used as feedstock for a new chemical complex and will fuel the refinery s existing gas turbine power generation units.
Rex Bennet President Specialties and Business Development at Philips 66 said We look forward to this opportunity to work with Reliance on the largest gasification project in the world. Our EGas&trade Technology will be used to turn petcoke and coal into clean reliable energy for Reliance s refinery and petrochemical plant operations.
Phillips 66 will license its E Gas&trade Technology to Reliance and provide process engineering design and technical support relating to the gasification technology process area.
The E Gas&trade Technology has been utilized in commercial applications since 1987. It incorporates a unique gasification system design that can be applied with gas and steam turbine combined cycle power generation to produce electric power as well as synthesis gas applications for the production of hydrogen chemicals or substitute natural gas in highly flexible combinations. It is among the cleanest and most efficient commercial technologies for coal or petroleum coke based electric power generation and syngas production. It offers high system efficiencies minimized water consumption and very low emissions.
Reliance Industries Limited is India s largest private sector company on all major financial parameters with a net profit of US $3.9 bn as on March 31 2012. Published by HT Syndication with permission from Commodity Online.
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