SOUTH GOA, India, Jan 29 (Reuters) - India's Reliance Industries Ltd (RELI.NS) , opens new tab, operator of the world's largest refining complex, will buy up to 150,000 barrels per day of Russian oil from February for its domestic market-focused refinery, a company executive said on Thursday.

Reuters earlier this month reported that Reliance was set to receive sanctions-compliant Russian oil in February and March after a one-month pause.

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Reliance last received Russian crude in December after securing a one-month U.S. concession that allowed it to wind down dealings with the Russian oil producer Rosneft (ROSN.MM) , opens new tab beyond a November 21 deadline.

The U.S. imposed sanctions on Rosneft and fellow Russian oil giant Lukoil (LKOH.MM) , opens new tab in October but non-sanctioned Russian companies and trading intermediaries have continued sales.

Reliance would buy up to 150,000 barrels per day of Russian oil from February from sellers that are not under sanctions, the executive said on the sidelines of India Energy Week, declining to be named in line with his company's policy. He did not name the sellers and Reliance did not immediately respond to a Reuters request seeking comment.

Reliance was previously importing Russian crude under a long-term agreement with Rosneft for 500,000 barrels per day (bpd) for its 1.4 million-bpd Jamnagar refinery complex in Gujarat state.

The conglomerate also buys oil from Saudi Arabia and Iraq, among others, under term deals to meet its requirements at the Jamnagar refinery complex in Gujarat, and also purchases Canadian oil.

Reliance is also seeking U.S. approval to resume purchases of Venezuelan crude, Reuters reported earlier this month, as the private refiner looks to secure supplies with the move away from the biggest Russian oil companies.

https://www.reuters.com/business/energy/indias-reliance-buy-up-150000-bpd-russian-oil-february-2026-01-29/