Reliance Industries said that its Jamnagar refinery, the world’s largest, is unlikely to receive any crude oil from Russia in January 2026 and has not taken any Russian oil over the past three weeks.
The statement follows the company’s November 20, 2025, announcement that it had stopped importing Russian oil for its export-oriented Special Economic Zone unit at Jamnagar.
The company was responding to a news report that claimed shipments of Russian oil were nearing the Jamnagar refinery.
Reliance Industries said its Jamnagar refinery has not received any Russian oil cargoes for roughly the past three weeks and does not anticipate any deliveries of Russian crude in January.
Until recently, India’s two private refiners-Reliance Industries and Nayara Energy – were among the country’s biggest buyers of Russian oil. However, Nayara, which has substantial ownership by Russia’s Rosneft, significantly reduced its Russian oil imports after being sanctioned by the European Union and the United Kingdom.
India’s imports of Russian oil remain a sensitive issue, particularly after U.S. President Donald Trump imposed a 25% “penalty” tariff on Indian imports in August 2025, citing India’s continued purchases of Russian crude.
The latest government data indicates that India raised its imports of Russian oil in November 2025 to 7.7 million tonnes – the highest level in six months – pushing Russia’s share of India’s total oil imports to 35.1%.
Reliance’s statement came just two days after U.S. President Donald Trump said on Sunday (January 4, 2026) that India had reduced its Russian oil purchases in recent months to “make him happy” and to help secure a trade agreement with the United States. At the same time, he warned that additional tariffs could “come quickly” if India continues buying Russian crude.