Company Rejects Report on Russian Oil Shipments to Jamnagar
Reliance Industries Ltd on Tuesday clarified that it has not received any Russian crude oil at its Jamnagar refining complex in nearly three weeks and does not expect any such deliveries in January. The company termed reports suggesting incoming Russian cargoes as incorrect.Reliance stated that its Jamnagar refinery has not taken delivery of any Russian barrels during this period and reiterated that no Russian crude shipments are scheduled for the current month.
Halt on Russian Crude at Export-Oriented Refinery
The company had earlier announced on November 20, 2025 that it stopped processing Russian crude at its export-only refinery located in Jamnagar, Gujarat. This move was undertaken to align operations with sanctions imposed by the European Union on fuels produced from Russian-origin crude oil.The Jamnagar refining complex comprises two units. One is a special economic zone refinery that exports fuels to overseas markets including the European Union and the United States. The second, older unit primarily serves the domestic market. Reliance has confirmed that Russian crude is no longer used at the export-oriented unit.
From December 1, all products exported from the SEZ refinery are being produced using non-Russian crude oil.
Company Denies Claims of Incoming Russian Cargoes
On Tuesday, Reliance dismissed a report that claimed multiple vessels carrying Russian crude were headed to Jamnagar. The company stated that such claims are not accurate and clarified that it has neither received Russian oil cargoes recently nor is expecting any in January.While Sikka port is used by the Jamnagar complex for crude imports, it is also used by other companies. Industry sources indicated that the cargoes cited in the report were likely intended for the Bina refinery of Bharat Petroleum Corporation Ltd and not for Reliance.
Shift Away From Russian Crude Purchases
Before halting Russian crude intake at its export refinery, Reliance was India’s largest buyer of Russian oil. The company processed discounted Russian crude into fuels such as petrol and diesel at its Jamnagar complex. Reliance had been purchasing nearly half of the 1.7 to 1.8 million barrels per day of Russian crude shipped to India prior to the change.India had emerged as the second-largest buyer of discounted Russian seaborne crude following the outbreak of the Ukraine war in 2022, a development that drew criticism from Western nations enforcing sanctions on Russia’s energy sector.
US Tariff Warning Adds Pressure
Adding to the geopolitical backdrop, US President Donald Trump recently warned that the United States could raise tariffs on India if New Delhi does not reduce purchases of Russian oil. The statement comes amid heightened scrutiny of global energy trade flows linked to Russia.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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