Reliance Denies Russian Oil Shipments to Jamnagar

Reliance Industries, India's largest refiner, has firmly rejected a recent report suggesting that shipments of Russian crude oil are en route to its massive Jamnagar refinery in Gujarat. The company stated on Tuesday that it has not received any Russian oil cargoes in the past three weeks and anticipates none in January, calling the claims inaccurate and harmful to its reputation.

The denial targets a Bloomberg article from the previous week, which cited tracking data from analytics firm Kpler indicating that three tankers carrying approximately 2.2 million barrels of Russia's Urals crude were signaling the Jamnagar complex as their destination. The report acknowledged that shipping routes can shift as vessels near ports and included a statement from a Reliance spokesperson disputing the purchases. In its response posted on social media platform X, Reliance declared: "A news report in Bloomberg claiming three vessels laden with Russian Oil are heading for Reliance Industries Limited's Jamnagar refinery is blatantly untrue. Reliance Industries Jamnagar refinery has not received any cargo of Russian oil at its refinery in the past three weeks approx. and is not expecting any...