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Reliance halts Russian oil to obey EU
Orissa POST
|November 21, 2025
THE FIRM BOUGHT AROUND $35BN WORTH OF RUSSIAN CRUDE SINCE UKRAINE WAR
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Reliance Industries Ltd 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.
Reliance is India's largest buyer of Russian oil, which it processes and turns into fuel, such as petrol and diesel, at its giant oil refining complex at Jamnagar.
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.
The European Union - 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.
Diese Geschichte stammt aus der November 21, 2025-Ausgabe von Orissa POST.
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