Bookings of tankers to export fuels from India’s west coast, the home of two Reliance Industries Ltd. refineries, rose in February as India sold more gasoline to the U.S. and Japan.

Mumbai-based Reliance, India’s biggest non-state company, started an export-oriented 580,000-barrel-a-day refinery in December 2008. It’s next to an older plant that can process 660,000 barrels a day. Together, they make up the largest refining complex in the world.

Alok Agarwal, Reliance’s chief financial officer, said in an e-mailed statement in January that about 57 percent of the company’s refined output is for exports.

Reliance in 2009 became one of the top 10 charterers of Aframax tankers to ship petroleum products, according to a report released by Poten & Partners, a shipbroker. Aframaxes can carry 637,500 to 1.02 million barrels of fuels.

Source:http://www.businessweek.com/news/2010-03-02/india-fuel-exports-rise-on-increasing-shipments-to-u-s-japan.html