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Sanctions Pressure Shuts Down Diesel Exports from Nayara Refinery

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Sanctions Pressure Shuts Down Diesel Exports from Nayara Refinery. Source: Kacper Pempel/REUTERS
Sanctions Pressure Shuts Down Diesel Exports from Nayara Refinery. Source: Kacper Pempel/REUTERS

The oil tanker Talara, chartered by British Petroleum (BP), left the Indian port of Vadinar without loading the planned diesel fuel from the recently sanctioned Nayara Energy refinery.

The Gaze writes on this referring to Reuters.

On July 21, the vessel was due to load 60,000 metric tons (447,000 barrels) of ultra-low sulfur diesel fuel, which was to be shipped to Africa.

It is important to highlight that Nayara Energy, the refinery at the center of these recent sanctions, is partially owned by Rosneft, which is Russia's largest and one of the most influential oil producers.

The change in the loading plan indicates that the EU sanctions imposed on Nayara on Friday are already affecting the export of petroleum products. This disrupts supplies from the Russian-backed refinery, one of India's two largest private fuel exporters.

The Talara tanker reportedly did not receive the cargo after the EU sanctions came into effect, as the new package of restrictions is specifically designed to increase pressure on the Russian oil and energy sector.

On Monday, Nayara criticized the EU's decision to impose sanctions on the company as unfair and unilateral, while India announced on Friday that it does not support unilateral sanctions by the European Union.

As The Gaze reported earlier, the United Kingdom has introduced a fresh set of sanctions targeting Russia’s covert shipping operations and its oil income, increasing financial strain on the Kremlin.

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