Srotaswini Mohapatra
Pune, 17 August 2025
India’s oil refiners have continued to shine in 2025, keeping exports strong even as global markets face uncertainty. Private players like Reliance Industries and Nayara Energy have played a big role in this success story.
From January to June 2025, Reliance Industries exported an impressive 21.66 million tonnes of refined fuels, making it one of the biggest suppliers to global markets. Europe was a major destination, taking about 28% of Reliance’s exports, while big buyers included BP, ExxonMobil, Glencore, Vitol, and Trafigura.
Nayara Energy, which runs India’s second-largest private refinery, also maintained a strong performance. It shipped nearly 3 million tonnes of refined fuel during the same period, equal to about 30% of its total production. Key customers included Vitol, Aramco Trading, Shell, and BP. Nayara also supplied 70% of its output to the Indian market, ensuring local fuel stability.
This success comes at a time when new EU sanctions on Russian oil and trade tensions with the U.S. have created challenges for the industry. Still, Indian refiners have shown resilience by diversifying markets and finding new ways to keep exports growing.
Industry experts say this strong export performance highlights India’s position as a global refining hub and shows how companies are adapting to changing trade rules.
