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	<title>Jamnagar refinery &#8211; The Milli Chronicle</title>
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	<title>Jamnagar refinery &#8211; The Milli Chronicle</title>
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		<title>India’s Reliance to resume sanctions-compliant Russian oil imports in February and March</title>
		<link>https://millichronicle.com/2026/01/62328.html</link>
		
		<dc:creator><![CDATA[NewsDesk Milli Chronicle]]></dc:creator>
		<pubDate>Wed, 21 Jan 2026 19:04:15 +0000</pubDate>
				<category><![CDATA[Asia]]></category>
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		<category><![CDATA[crude oil sourcing]]></category>
		<category><![CDATA[energy security India]]></category>
		<category><![CDATA[EU fuel restrictions]]></category>
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		<category><![CDATA[India Russian crude imports]]></category>
		<category><![CDATA[Indian energy market]]></category>
		<category><![CDATA[Indian oil imports]]></category>
		<category><![CDATA[Indian refiners strategy]]></category>
		<category><![CDATA[Jamnagar refinery]]></category>
		<category><![CDATA[Middle East crude India]]></category>
		<category><![CDATA[oil sanctions compliance]]></category>
		<category><![CDATA[Reliance Industries refinery]]></category>
		<category><![CDATA[Reliance Rosneft deal]]></category>
		<category><![CDATA[Reliance Russian oil]]></category>
		<category><![CDATA[Reuters India energy]]></category>
		<category><![CDATA[Russia India oil trade]]></category>
		<category><![CDATA[Russian oil sanctions]]></category>
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		<category><![CDATA[Ukraine war oil impact]]></category>
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					<description><![CDATA[New Delhi &#8211; India’s largest private refiner Reliance Industries is set to resume purchases of Russian crude oil in February]]></description>
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<p><strong>New Delhi </strong>&#8211; India’s largest private refiner Reliance Industries is set to resume purchases of Russian crude oil in February and March after a brief pause, according to sources familiar with the matter, highlighting how Indian refiners are carefully recalibrating supply chains amid tightening global sanctions and trade restrictions.</p>



<p>Reliance, which operates the world’s largest refining complex at Jamnagar in Gujarat, last received Russian crude in December after securing a one-month U.S. concession that allowed it to wind down direct dealings with sanctioned Russian producer Rosneft beyond a November deadline.</p>



<p>Sources said the company will now buy Russian oil only from non-sanctioned sellers, ensuring the cargoes remain compliant with international sanctions regimes, though the exact number of shipments expected in February and March has not been disclosed.</p>



<p>It remains unclear whether Reliance will continue importing Russian crude beyond March, reflecting uncertainty faced by refiners navigating evolving sanctions rules and geopolitical pressures linked to the Ukraine conflict.</p>



<p>Reliance has not publicly commented on the renewed purchases, but the move signals that Russian oil still plays a role in India’s energy mix, even as volumes are expected to remain lower than in previous months.</p>



<p>Despite Reliance’s return to Russian crude, India’s overall imports from Russia are likely to stay subdued through February and March, as refiners increasingly turn to alternative suppliers, particularly in the Middle East.</p>



<p>Reliance had previously been importing up to 500,000 barrels per day of Russian crude under a long-term agreement with Rosneft to feed its 1.4 million barrels-per-day Jamnagar refinery complex, making it one of the biggest conduits for Russian oil into India.</p>



<p>The shift comes as European Union regulations tighten further, with the bloc stating it will not accept fuel produced at refineries that processed Russian oil within 60 days prior to the bill-of-lading date, a rule that directly affects export-oriented refiners.</p>



<p>To navigate these restrictions, Reliance has said it will process post-November Russian cargoes at its India-focused 660,000 barrels-per-day refinery, allowing its 704,000 barrels-per-day export-oriented plant to continue selling fuel into the European market.</p>



<p>Indian refiners, who became the largest buyers of discounted Russian seaborne crude after the 2022 outbreak of the Ukraine war, are now reassessing procurement strategies to balance cost advantages against compliance risks.</p>



<p>As part of this recalibration, purchases of Middle Eastern crude have risen, with national oil companies in the region emerging as more stable long-term suppliers amid regulatory uncertainty surrounding Russian barrels.</p>



<p>Reliance executives have acknowledged the challenges posed by sudden sanctions, noting that the company has previously had to cut back imports abruptly and has since diversified sourcing to avoid disruptions in the spot market.</p>



<p>The renewed but limited intake of Russian oil underscores India’s pragmatic approach to energy security, seeking affordable supplies while maintaining access to key export markets such as the European Union.</p>



<p>For global oil markets, Reliance’s decision reflects how refiners are threading a narrow path between geopolitics, sanctions compliance and commercial realities, particularly as enforcement rules become more complex.</p>



<p>As sanctions evolve and buyers adapt, the coming months will show whether Russian crude retains a foothold in India’s refining system or continues to be gradually replaced by Middle Eastern and other alternatives.</p>
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		<title>Reliance Reinforces Global Compliance While Ensuring Energy Stability</title>
		<link>https://millichronicle.com/2025/10/58129.html</link>
		
		<dc:creator><![CDATA[NewsDesk Milli Chronicle]]></dc:creator>
		<pubDate>Sat, 25 Oct 2025 13:09:29 +0000</pubDate>
				<category><![CDATA[Latest]]></category>
		<category><![CDATA[Middle East and North Africa]]></category>
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		<category><![CDATA[crude sourcing strategy]]></category>
		<category><![CDATA[diversified energy]]></category>
		<category><![CDATA[economic resilience]]></category>
		<category><![CDATA[energy security]]></category>
		<category><![CDATA[energy stability]]></category>
		<category><![CDATA[fuel supply]]></category>
		<category><![CDATA[global compliance]]></category>
		<category><![CDATA[global energy market]]></category>
		<category><![CDATA[India energy sector]]></category>
		<category><![CDATA[Indian oil imports]]></category>
		<category><![CDATA[international partnerships.]]></category>
		<category><![CDATA[Jamnagar refinery]]></category>
		<category><![CDATA[Mukesh Ambani]]></category>
		<category><![CDATA[refinery operations]]></category>
		<category><![CDATA[Reliance Industries]]></category>
		<category><![CDATA[responsible corporate governance]]></category>
		<category><![CDATA[Rosneft oil]]></category>
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					<description><![CDATA[Delhi &#8211; Reliance Industries Ltd, India’s leading energy conglomerate, has reaffirmed its commitment to operating in full compliance with international]]></description>
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<p><strong>Delhi </strong>&#8211; Reliance Industries Ltd, India’s leading energy conglomerate, has reaffirmed its commitment to operating in full compliance with international trade regulations and Western sanctions while continuing to maintain stable global energy supplies. </p>



<p>The company’s approach highlights its adaptability, transparency, and focus on long-term energy security in an evolving geopolitical landscape.</p>



<p>The announcement comes as global energy markets undergo rapid change due to shifting trade policies and sanctions targeting Russian oil producers.</p>



<p> Despite these challenges, Reliance remains focused on ensuring that its refinery operations continue without disruption, supported by its well-diversified sourcing strategy and strong international partnerships.</p>



<p>Reliance operates the world’s largest refining complex in Jamnagar, Gujarat, processing over 1.4 million barrels of crude oil per day.</p>



<p> This massive capacity enables the company to serve both domestic and international markets, including Europe, while adjusting seamlessly to global regulatory requirements.</p>



<p> Its strategic flexibility reflects the company’s deep expertise in energy management and risk mitigation.</p>



<p>By stating that its supply contracts will evolve in line with new market and regulatory developments, Reliance has demonstrated its readiness to balance compliance with business continuity. </p>



<p>The company’s long-standing relationships with global suppliers, built on trust and transparency, continue to strengthen its position as a responsible global energy player.</p>



<p>Reliance’s diversified crude sourcing strategy allows it to efficiently adapt to market shifts while ensuring the consistent production of refined fuels essential to global supply chains.</p>



<p> Its strong procurement network spans multiple countries, enabling it to respond quickly to sanctions, trade restrictions, and economic fluctuations without affecting output or quality.</p>



<p>The recent decision to adjust sourcing practices follows the latest sanctions announced by the United States, the European Union, and the United Kingdom on Russia’s major oil firms. </p>



<p>Reliance’s proactive compliance stance reflects its understanding of global accountability and its commitment to maintaining alignment with the international community.</p>



<p>As one of India’s most influential companies, Reliance continues to uphold India’s image as a responsible participant in the global energy sector.</p>



<p> The company’s adherence to evolving regulations not only ensures operational stability but also strengthens investor confidence and reinforces India’s reputation as a dependable trade partner.</p>



<p>Reliance’s approach underscores the importance of responsible corporate governance in times of international uncertainty.</p>



<p> By aligning with Western sanctions and maintaining ethical business practices, the company ensures that it operates within the framework of global law while protecting its long-term strategic interests.</p>



<p>Its ongoing investment in innovation, sustainability, and cleaner energy technologies complements this compliance strategy.</p>



<p> Reliance has consistently emphasized the need to balance energy demand with environmental and ethical responsibility, working toward a more sustainable future through modernization and diversification.</p>



<p>The company’s forward-looking policies also help stabilize the domestic energy market, ensuring that India’s industrial and consumer sectors continue to receive reliable fuel supplies. </p>



<p>This balance of global engagement and national interest has positioned Reliance as a cornerstone of India’s energy resilience.</p>



<p>As the energy landscape continues to evolve, Reliance’s example sets a benchmark for how global corporations can adapt to new challenges without compromising integrity or efficiency. </p>



<p>Its commitment to responsible trade, technological advancement, and market flexibility highlights the values that drive the company’s long-term growth and global standing.</p>



<p>By combining compliance with innovation, Reliance Industries Ltd continues to chart a path of stability, reliability, and progress — one that not only safeguards its business interests but also contributes to the broader goal of global energy harmony and sustainable development.</p>
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