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Brownsville Refinery Project

Sector: Natural Gas • Location: Brownsville, Texas, United States

Source: Mint

Project
Planned

A refinery project in Brownsville, Texas, announced in partnership with Reliance Industries Ltd. The project involves constructing a 160,000-barrel-a-day refinery with a construction cost estimated at $3-4 billion. The refinery is expected to be operational by 2029, processing American shale oil and producing refined products exclusively for India. Reliance will purchase 1.2 billion barrels of Ame

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The project “Brownsville Refinery Project” is an infrastructure initiative in the Natural Gas sector, located in Brownsville, Texas, United States. Taiyo aggregates data on it from Mint.

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planned

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Description

Description

A refinery project in Brownsville, Texas, announced in partnership with Reliance Industries Ltd. The project involves constructing a 160,000-barrel-a-day refinery with a construction cost estimated at $3-4 billion. The refinery is expected to be operational by 2029, processing American shale oil and producing refined products exclusively for India. Reliance will purchase 1.2 billion barrels of American shale oil over 20 years, with the refined output valued at $175 billion. Reliance's equity stake is a nine-figure sum below a billion dollars. The project aims to replace Russian crude feedstock with American shale supply and leverages Reliance's technical expertise from its Jamnagar refinery.

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High

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