Jamnagar : Reliance Industries Limited (RIL) on Thursday said it has halted the use of Russian crude at its export-only refinery in Jamnagar, Gujarat, as the company moves to comply with European Union sanctions. The complex is made up of two refineries—one SEZ unit from which fuels are exported to the European Union, the US and other markets, and an older unit that caters to the domestic market.
It may be noted that the European Union (EU), which is a big market for Reliance, has imposed wide-ranging sanctions targeting Russia’s energy revenues, including measures that restrict the import and sale of fuels produced from Russian crude oil. We have stopped importing Russian crude oil into our SEZ refinery with effect from November 20, a company spokesperson said in a statement.
Once the old inventory runs out, newer products will only be made from non-Russian oil. From December 1, all product exports from the SEZ refinery will be obtained from non-Russian crude oil, the firm said. The transition has been completed ahead of schedule to ensure full compliance with product-import restrictions coming into force in January 2026. We have noted the recent restrictions announced by the European Union, the United Kingdom and the United States on crude oil imports from Russia and export of refined products to Europe.
The company refines the crude into petrol, diesel and aviation turbine fuel (ATF), a large share of which is exported to regions such as Europe and the United States, at market prices, generating strong margins. All this may change after US President Donald Trump imposed sanctions on Open Joint Stock Company Rosneft Oil Company (Rosneft) and Lukoil OAO (Lukoil)—Russia’s two largest oil companies that he accuses of helping fund the Kremlin’s “war machine” in Ukraine.
The final such cargo was loaded on November 12. Any (Russian) cargoes arriving on or after November 20 will be received and processed at our refinery in the domestic tariff area (DTA),” it said. “All operational activities ordinarily incident to such oil supply transactions can be completed, we believe, in a compliant way. Reliance, which has signed a 25-year deal to buy up to 500,000 barrels of crude oil per day (25 million tonnes in a year) with Rosneft, has been cutting Russian imports since the US sanctions. The company has huge business interests in the US and cannot risk attracting scrutiny.
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