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The company has denied the media reports which claimed that ships laden with Russian oil were coming to its Jamnagar refinery. (file photo)
Mukesh Ambani’s company Reliance Industries (RIL) has termed the media reports which claimed that ships laden with Russian oil were coming to its Jamnagar refinery as completely false and incorrect.
The company issued a statement on Saturday saying that this news is going to tarnish its image. Reliance has clarified that it has not received any oil cargo from Russia in the last three weeks and does not expect delivery of any Russian crude oil in January.
The company issued a statement on social media In a post on its official The company used strong words in its statement, saying, ‘Reliance Industries’ Jamnagar refinery has not received any Russian oil cargo in the last three weeks. We are also not expecting delivery of any Russian crude oil in January.
Report ignored our rebuttal: Reliance The company also expressed deep disappointment that its views were ignored before publishing the report. Reliance said that we are saddened that those who claim to be at the forefront of impartial journalism ignored our statement in January refusing to deliver any Russian oil and published a false report that tarnishes our image.
What was in the Bloomberg report? This whole matter started after a report by Bloomberg, titled ‘Ships with Russian oil signal Reliance Plant as Destination’. In this report, citing shipping data, it was claimed that ships loaded with Russian crude oil are moving towards the west coast of India. However, the report also said that a Reliance spokesperson denied that the cargo was purchased by the company. It also said there are no committed shipments of Russian crude for delivery in January.
Importance of Russian oil for India After the start of the war with Ukraine, Western countries had imposed a number of sanctions on Russia, which also included the purchase of oil. After this, Russia started selling crude oil at a discount to countries like India.
Taking advantage of this, India imported large quantities of oil from Russia and became India’s largest crude oil supplier, leaving behind Russia, Iraq and Saudi Arabia. This is the reason why the world keeps an eye on the news related to Russian oil.
Jamnagar has the world’s largest refinery Reliance Industries’ refinery located in Jamnagar, Gujarat is the world’s largest and most complex single-site refinery. This refinery can process any type of crude oil and make high-quality fuel, due to which it holds an important place in the global oil market.
