{"id":649991,"date":"2025-10-25T12:14:08","date_gmt":"2025-10-25T06:44:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=649991"},"modified":"2025-10-25T12:14:08","modified_gmt":"2025-10-25T06:44:08","slug":"indian-refiners-prepare-for-life-without-russian-crude","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-refiners-prepare-for-life-without-russian-crude\/","title":{"rendered":"Indian refiners prepare for life without Russian crude"},"content":{"rendered":"<p>NEW DELHI: Reliance Industries on Friday said that it is adapting its refinery operations to meet the US sanction on Rosneft and Lukoil &#8211; the largest exporters of Russian crude. However, Washington&#8217;s latest offensive will not pinch fuel consumers for now as state-run refiner-retailers will absorb the impact of finding replacement supplies at market rates amid rising benchmarks.<\/p>\n<p>The refiners are assessing the OFAC (US Office of Foreign Assets Control) notification&#8217;s implications, especially on payment channels, and other compliance requirements. Simultaneously, they are also gearing up to prepare their refineries for life without Russian crude after the Nov 21 cut-off date.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Reliance Industries on Friday said that it is adapting its refinery operations to meet the US sanction on Rosneft and Lukoil &#8211; the largest exporters of Russian crude. However, Washington&#8217;s latest offensive will not pinch fuel consumers for now as state-run refiner-retailers will absorb the impact of finding replacement supplies at market rates amid rising benchmarks. The refiners are assessing the OFAC (US Office of Foreign Assets Control) notification&#8217;s implications, especially on payment channels, and other compliance requirements. Simultaneously, they are also gearing up to prepare their refineries for life without Russian crude after the Nov 21 cut-off [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-649991","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/649991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=649991"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/649991\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=649991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=649991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=649991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}