Indian refinery company puts Russian oil imports on ice

The import of Russian crude oil for Reliance Industries’ refinery complex at Indiaat Jamnagar in the state of Gujarat, has been suspended from November 20, a company spokesperson announced today (11/20/2025).

Specifically, the Indian group, which in India has a long-term agreement to buy 500,000 barrels of crude oil per day from Russia’s largest oil company Rosneft, had said it would abide by sanctions against Moscow while maintaining ties with current oil suppliers.

Britain, the European Union and the US have imposed sanctions over its war in Ukraine, while the US recently imposed new sanctions on its two biggest oil producers, Rosneft and Lukoil.

From December 1, all exports of petroleum products from the refinery will be from non-Russian crude oil, a Reliance spokesman said in a statement.

Reliance said the transition was completed ahead of schedule to ensure full compliance with product import restrictions that come into effect on January 21.

The US has given companies until November 21 to phase out trade with Russian oil producers, while the European Union earlier announced that from January 21 it would not receive fuel produced at refineries that received or processed Russian oil 60 days before the bill of lading date.

Europe accounts for 28% of Reliance’s exports.

Reliance also announced that all pre-scheduled increases in Russian crude from October 22 are being adhered to as all transport arrangements were already in place.

The last such cargo was loaded on November 12 and any cargoes arriving on or after November 20 will be received and processed at its refinery in the Domestic Customs Zone, Reliance said in its statement.

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