New Delhi: Reliance Industries has responded to the new restrictions imposed by the European Union (EU), the United Kingdom, and the United States on the import of Russian crude oil and the export of refined products.
"We have noted the recent restrictions and are currently assessing the new compliance requirements.Also Read: Violation of Lease Conditions: Karnataka High Court Directs Tahsildar to Take Action
We will comply with the EU's guidelines on the import of refined products into Europe," a company spokesperson said. The statement clarified that any guidance received from the Indian Government will be fully complied with, as always. Reliance is consistently aligned with India's energy security objectives.Also Read: Alanda Assembly Constituency: Rs 80 Paid per Fake Voter Deletion Application (Form 7), Reveals SIT
"The Company remains fully committed to maintaining its impeccable record of adherence to applicable sanctions and regulatory frameworks and will be adapting the refinery operations to meet the compliance requirements," the statement added.Also Read: Tejasvi Surya an 'Empty Trunk': Tunnel Project Won't Stop Over His Words, Says DK Shivakumar
Reliance is confident that its diversified crude sourcing strategy will ensure continued stability and reliability in its refinery operations to meet both domestic and export requirements, including those to Europe.INDO ERA Women's Straight Linen Floral Printed Kurta & Pant with Dupatta Set (IEOUT10562)