Nayara Ships Fuel Despite EU Sanctions Disruption
OIL & GAS

Nayara Ships Fuel Despite EU Sanctions Disruption

Russia-backed Indian refiner Nayara Energy has exported its first petrol cargo since being sanctioned by the European Union on 18 July, according to four shipping sources and LSEG data.
The tanker Tempest Dream, carrying approximately 43,000 metric tonnes (363,350 barrels) of petrol, departed on Monday for Sohar, Oman, based on LSEG shipping data, although the buyer’s identity remains unverified. The vessel was itself sanctioned by the United Kingdom in June.
A second vessel, the Sard, currently docked at Nayara’s Vadinar port in western India, is expected to load around 43,000 tonnes of diesel, according to two sources. Both the Sard and Leruo, another ship used recently by Nayara, have been under EU sanctions since May and July respectively.
Nayara has had to scale back operations at its 400,000-barrel-per-day Vadinar refinery due to challenges in securing vessels and selling fuel amid tightening sanctions, according to reports.
With international routes constrained, the company—operating over 6,600 retail outlets across India—has approached state-owned fuel retailers to boost domestic sales.
Recent activity shows the Leruo was used to move around 43,000 tonnes of diesel to the port of Mundra in western India, based on data from Kpler and traders. 

Russia-backed Indian refiner Nayara Energy has exported its first petrol cargo since being sanctioned by the European Union on 18 July, according to four shipping sources and LSEG data.The tanker Tempest Dream, carrying approximately 43,000 metric tonnes (363,350 barrels) of petrol, departed on Monday for Sohar, Oman, based on LSEG shipping data, although the buyer’s identity remains unverified. The vessel was itself sanctioned by the United Kingdom in June.A second vessel, the Sard, currently docked at Nayara’s Vadinar port in western India, is expected to load around 43,000 tonnes of diesel, according to two sources. Both the Sard and Leruo, another ship used recently by Nayara, have been under EU sanctions since May and July respectively.Nayara has had to scale back operations at its 400,000-barrel-per-day Vadinar refinery due to challenges in securing vessels and selling fuel amid tightening sanctions, according to reports.With international routes constrained, the company—operating over 6,600 retail outlets across India—has approached state-owned fuel retailers to boost domestic sales.Recent activity shows the Leruo was used to move around 43,000 tonnes of diesel to the port of Mundra in western India, based on data from Kpler and traders. 

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement