NEW DELHI: Reliance IndustriesNSE -1.50 % has said it will always comply with US sanctions policies affecting Venezuela. This follows reports that said the Trump administration was ‘concerned’ by Reliance and some other energy companies’ ties with Venezuela.
“All of Reliance’s purchases of Venezuela crude oil are reported to and approved by the US government. We are in frequent communication with the US government officials regarding Venezuela and continuously keep them apprised of our actions,” Reliance Industries said in an email.
