RIL shuts off Russian oil at export-only refinery unit

Date:

NEW DELHI: Reliance Industries (RIL) has stopped accepting Russian crude for the export-oriented unit at its Jamnagar refining complex in Gujarat from Thursday, a day before the deadline for accepting pre-ordered shipments under the latest round of US sanctions and a month before EU curbs on products made from barrels from Kremlin-backed exporters.From Dec, all refined products exported from the unit in the Jamnagar SEZ (Special Economic Zone) will be derived from non-Russian oil, the operator of the world’s largest refining complex in a single location said, indicating its compliance with the latest round of curbs on Russian oil or products made from those barrels.“This transition has been completed ahead of schedule to ensure full compliance with product-import restrictions coming into force on Jan 21, 2026. The crude oil import in SEZ is a fully segregated facility catering to the production line in SEZ,” RIL said.The company will will accept Russian oil shipments contracted as of Oct 22 at its unit in domestic tariff area, “considering all transport arrangements were in place.” The final such cargo was loaded on Nov 12 and “cargoes arriving on or after Nov 21 will be received and processed at our refinery in the DTA,” RIL said. tnn

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Are Samay Raina and Medha Shankr dating? Viral video sparks fresh speculation | Hindi Movie News

Are Samay Raina and Medha Shankr dating? Viral...

Commercial LPG prices cut by Rs 183.50; Delhi rate drops to Rs 2,930 | Delhi News

LPG gets cheaper by Rs 183.50 from July...

9 actors who learned real skills for roles: Cillian Murphy, Kate Winslet, Jenna Ortega and more

Memorising lines is one thing. Spending months learning a...

Voltas sells 1 million units in 81 days as India sizzles

Voltas sells 1 million units in 81 days...
Premium SEO Backlinks
Premium SEO Backlinks