RIL stops Russian oil buys

Reliance also said that its petroleum products exports from the SEZ refinery would be obtained from non-Russian crude oil to ensure full compliance of the European Union (EU) restrictions coming into force on January 21, 2026.

- 

Under the EU’s 18th sanctions package announced in July, the bloc banned imports of refined oil products derived from Russian crude into Europe.

RIL said Russian oil cargoes arriving on or after November 20 would be processed at RIL’s refinery in the Domestic Tariff Area (DTA). “All pre-committed liftings of Russian crude oil as of 22 October 2025 are being honoured, considering all transport arrangements were already in place. The final such cargo was loaded on 12 November,” the company said.

Reliance operates the world’s largest integrated, single-site refinery complex in Jamnagar, Gujarat, with a crude processing capacity of 1.4 million barrels per day (bpd).

In an effort to end the Ukraine war and limit ‘Moscow's financial capability, US President Donald Trump has put pressure on India to halt Russian oil purchases. Trump imposed a 25 per cent penalty on New Delhi for buying Russian oil, increasing the tariff on Indian goods to 50 percent.