In order to comply with the European Union’s ban on import of petroleum products derived from Russian oil, private sector behemoth Reliance Industries (RIL) has stopped importing Russian crude into its export-oriented refinery.
RIL operates the world’s largest single-location refining complex in Gujarat’s Jamnagar. The complex has two refineries, one of which is exclusively for fuel exports. RIL is India’s largest fuel exporter, as well as the country’s largest importer of Russian crude, accounting for around half of Russian oil flows to India.
“We have stopped importing Russian crude oil into our SEZ refinery with effect from 20 November. From 1 December, all product exports from the SEZ (special economic zone) refinery will be obtained from non-Russian crude oil. This transition ha

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