Reliance Industries Halts Russian Crude Imports at Export Refinery Amid US Sanctions
Reliance Industries, India’s largest private refiner, has stopped importing Russian crude oil at its export-oriented Jamnagar refinery ahead of US sanctions deadlines. This strategic move aims to protect access to Western markets and avoid secondary sanctions, while maintaining domestic processing of pre-sanction Russian cargo. Reliance’s decision contrasts with other Indian refiners that continue increasing Russian crude intake, illustrating India’s complex energy diplomacy balancing Western compliance and affordable supply.
Reliance Industries officially ceased importing Russian crude oil to its world-leading Jamnagar export refinery as of November 20, 2025, responding to recent US sanctions targeting major Russian producers Rosneft and Lukoil. The company received its last sanctioned shipment in mid-November, redirecting any post-November 20 Russian crude to its Domestic Tariff Area refinery for local consumption rather than export. This operational split ensures compliance with US rules while preserving exports to European markets, crucial for Reliance’s profitability amid tightening sanctions effective early next year. The move reflects Reliance’s priority to retain access to Western finance, shipping, and markets over discounted Russian barrels, even though it remains noncommittal about future Russian purchases. Meanwhile, other Indian refiners, including state-owned ones less dependent on Western infrastructure, have increased Russian crude imports, highlighting India's broader energy strategy balancing national supply security and geopolitical pressures. The situation underscores shifting global energy dynamics, with India poised as a pivotal player navigating complex sanctions and market access challenges in a rapidly evolving geopolitical context.
