Reliance Industries Ltd on Friday said it was not looking for extension of the marketing deal with public sector oil companies to lift production from Jamnagar refinery with its chairman Mukesh Ambani asserting that the effort now was to concentrate on expansion of the retail network.

"We are definitely going ahead with our retail outlets on a month-to-month basis to bring up 300-500 outlets every quarter," Ambani told reporters in Mumbai.

Asked about Reliance's efforts to seek extension of marketing deal with national oil companies, he said: "We are not looking for extension of any contracts... we have no products for long term contracts (two years or more)."

Mukesh Ambani had met Petroleum Minister Ram Naik last month amid reports that the state-owned oil companies' were planning to cut purchases from its Jamnagar refinery by over 60 per cent from the next fiscal due to increase in refining capacity in public sector.

Indian Oil Corporation, Hindustan Petroleum Corporation Ltd, Bharat Petroleum Corporation Ltd and IBP plan to cut diesel, petrol, LPG and kerosene purchases from Reliance to just 4.3 million tonnes in 2004-05 from 11.3 million tonnes of fuel bought during the current fiscal, due to expansion of Mumbai refinery of BPCL and Chennai refinery of IOC and recognition of Mangalore refinery's full capacity.