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RIL gets US relief for Rosneft oil cargoes
The Morning Standard
|December 25, 2025
RELIANCE Industries Ltd (RIL) has obtained a concession from the United States to receive oil cargoes supplied by Russia’s Rosneft, which has been sanctioned by the US government.
The company said it has been granted permission to import cargoes that were contracted before the sanctions were announced. The cargoes came in December before the extended deadline. In October, the US imposed sanctions on Rosneft and Lukoil, allowing companies until November 21 to wind down transactions with the two Russian energy firms. Reliance has a long-term pact with Rosneft to buy 500,000 barrels per day (bpd) of Russian crude for its 1.4 million bpd refining complex in Jamnagar, the world’s largest.
Diese Geschichte stammt aus der December 25, 2025-Ausgabe von The Morning Standard.
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