Reliance Ends Russian Oil Imports For Its SEZ Refinery
OIL & GAS

Reliance Ends Russian Oil Imports For Its SEZ Refinery

Reliance Industries Limited (RIL) has stopped importing Russian crude oil into its Special Economic Zone (SEZ) refinery, completing its transition to non-Russian feedstock ahead of upcoming product-import restrictions. The company said the shift was finalised ahead of schedule to ensure full compliance with rules that come into effect on 21 January 2026. Crude oil imports for the SEZ operate through a fully separate facility that serves the production line within the zone.

A company spokesperson said all pre-committed lifts of Russian crude as of 22 October 2025 are being honoured, with shipping and logistical arrangements already completed. The final Russian cargo for the SEZ was loaded on 12 November 2025. Any Russian crude consignments arriving on or after 20 November will now be diverted to the Domestic Tariff Area (DTA) refinery instead of the SEZ, placing them outside the scope of forthcoming SEZ-specific restrictions. The company believes all operational activities linked to these supply transactions can be completed smoothly.

Reliance’s move comes amid tightening global sanctions and stricter compliance requirements surrounding the trade and processing of Russian oil. At around 10:19 AM, Reliance Industries shares were trading 0.17 per cent lower at Rs 1,546.70 per piece, compared with the previous close of Rs 1,549.10 on the NSE. The stock recorded an intraday high of Rs 1,557.80 and a low of Rs 1,540.10.

Reliance Industries Limited (RIL) has stopped importing Russian crude oil into its Special Economic Zone (SEZ) refinery, completing its transition to non-Russian feedstock ahead of upcoming product-import restrictions. The company said the shift was finalised ahead of schedule to ensure full compliance with rules that come into effect on 21 January 2026. Crude oil imports for the SEZ operate through a fully separate facility that serves the production line within the zone. A company spokesperson said all pre-committed lifts of Russian crude as of 22 October 2025 are being honoured, with shipping and logistical arrangements already completed. The final Russian cargo for the SEZ was loaded on 12 November 2025. Any Russian crude consignments arriving on or after 20 November will now be diverted to the Domestic Tariff Area (DTA) refinery instead of the SEZ, placing them outside the scope of forthcoming SEZ-specific restrictions. The company believes all operational activities linked to these supply transactions can be completed smoothly. Reliance’s move comes amid tightening global sanctions and stricter compliance requirements surrounding the trade and processing of Russian oil. At around 10:19 AM, Reliance Industries shares were trading 0.17 per cent lower at Rs 1,546.70 per piece, compared with the previous close of Rs 1,549.10 on the NSE. The stock recorded an intraday high of Rs 1,557.80 and a low of Rs 1,540.10.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code