Mumbai: Reliance Industries Ltd (RIL) has completed its transition away from Russian crude oil for its Special Economic Zone (SEZ) refinery in Mumbai, wrapping up the shift far earlier than the mandated January 2026 deadline. The early exit allows the company to bypass tighter global compliance rules and new domestic norms governing product imports from SEZ units.
According to company officials, the SEZ refinery operates on an entirely separate logistics, pipeline, and processing network, making it possible to streamline the switch without affecting Reliance’s broader refining operations. The company confirmed that all commitments for Russian crude made before October 22, 2025, are being fulfilled as per schedule.
A spokesperson said the last shipment under these legacy agreements departed on November 12, 2025, marking the final consignment of Russian-origin crude intended for the SEZ complex. All subsequent Russian cargoes arriving after November 20 will now be diverted to Reliance’s Domestic Tariff Area (DTA) refinery, which remains unaffected by the SEZ-specific import restrictions.
The shift comes amid tightening global scrutiny and evolving sanctions on Russian energy exports. By completing the transition early, Reliance avoids potential regulatory entanglements and ensures uninterrupted refining activity across both facilities. Company teams have reportedly mapped out logistics to ensure the rerouted supply integrates seamlessly into DTA operations.
On the market front, Reliance’s stock traded slightly lower at ₹1,545.10 on the NSE around 11:27 AM, marginally down from the previous close of ₹1,549.10. Intraday trading saw the stock fluctuate between a high of ₹1,557.80 and a low of ₹1,540.10.
