Reliance, Nayara account for 45% of Russian oil imports

Reliance Industries and Russia-backed Nayara Energy together took 45% of all the Russian oil imported by India since the outbreak of the Ukraine war, far higher than their 35% share in the domestic refining capacity, data from energy cargo tracker Vortexa shows.

India imported on an average 870,000 barrels of oil per day from Russia in the 12 months through February this year, about 20% of its total crude imports, according to Vortexa.