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Reliance Ends Russian Oil Imports For Its SEZ Refinery

2025-11-27

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.

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