+
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 Energy

Telangana Plans Rs 135 Bn Underground Cable Project

The Telangana government has unveiled an ambitious Rs 135 billion initiative to replace 25,000 km of overhead power lines with underground (UG) cables across the Core Urban Region (CUR), which includes Greater Hyderabad, areas within the Outer Ring Road, and Bharat Future City. The project seeks to modernise the city’s electrical infrastructure, aiming to reduce outages caused by weather or accidents.Led by the Southern Power Distribution Company of Telangana Ltd (TGSPDCL), the scheme is designed to improve safety, reduce disruption during rainfall, and lower long-term maintenance costs. Cur..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?