Sanctions-hit Nayara scrambles to sustain operations, with New Delhi's help

Sanctions-hit Nayara scrambles to sustain operations, with New Delhi's help

Since late August, two or three trains of 50 tanker cars have been shipping fuel each day from Nayara Energy's refinery on the coast of western India to inland depots - more than double its previous usage of railways to move diesel and petrol.

Sanctions-hit Nayara scrambles to sustain operations, with govt's help

Nayara Energy, a Russian-owned refinery, is navigating significant challenges following EU sanctions. The Indian government is providing support, including tanker trains and coastal vessels, to keep the refinery operational. Nayara is struggling with finding export buyers and facilitating payments. Maintenance and banking issues are immediate concerns.

Nayara Energy doubles down on Indian market as EU sanctions hit exports

Nayara Energy focuses on leveraging its pan-India fuel outlets to offset EU sanctions and boost domestic sales.

Sanctions-Hit Nayara Energy Revives Fuel Sales to Brazil and Turkey

Indian refiner Nayara Energy Ltd. — a target of European Union sanctions aimed at hobbling flows of Russian crude — has broadened efforts to sidestep the curbs by restoring sales to distant markets, including Brazil.