18 January 2019 GRM stood at USD8.8/bbl, as against USD11.6/bbl in 3QFY18 and USD9.5/bbl in 2QFY19; throughput was at Singapore complex stood at USD4.5/bbl. GRM was higher than expected due to better crude optimization and optimal performance of all secondary units. Petchem EBIT grew 41% YoY (flat QoQ) to INR80b, primarily led by an increase in volumes. EBIT margin continued to shrink from 19.9% in 1QFY19 and 18.5% in 2QFY19 to 17.6% in 3QFY19. Production volumes were higher on account of ramp-up of ROGC. Gas production from KG D6 declined to 1.87mmscmd in the quarter.