Reliance eyes first oil cargo from UAE trade arm in December: Report

Reliance NSE 0.56 % Industries Ltd, operator of the world’s biggest refining complex at Jamnagar in Western India, aims to get the first cargo of oil from its new Abu Dhabi-based trading unit in December, a source familiar with the matter said.

Billionaire Mukesh Ambani-backed Reliance group in October announced plans to set up Reliance International Ltd (RINL) to trade in crude oil, petroleum, petrochemical products and agricultural commodities.