Archive · 17 Sep 2025
India Allows Fuel Transport for Sanctioned Company Nayara
Imagine a fuel company in India called Nayara that makes a lot of gasoline and diesel.
The EU put sanctions on them, meaning other countries couldn't easily buy the fuel.
This stopped Nayara from using ships to send fuel to other countries.
The Indian government has now said they can use some foreign ships to bring fuel from one place in India to another.
However, they're still having trouble selling fuel to other countries or buying the oil they need.
This is because of the EU sanctions and the fact that the banks will not help them with payments.
Rosneft has a large stake in Nayara and opposes the sanctions.
India approved Nayara Energy to use foreign-flagged ships for coastal fuel transport.
EU sanctions in July disrupted Nayara's domestic and international fuel trade.
Overseas trade remains stalled due to banking restrictions and insurance issues.
The approved shipping arrangement is expected to help meet fuel demand during the festival season.
Rosneft, a major shareholder, condemned the sanctions against Nayara.
- Who
- Nayara Energy
- What
- India cleared Nayara to use foreign ships for fuel transport, but overseas trade remains stalled due to sanctions.
- When
- July (EU sanctions imposed), now (domestic transport approved)
- Where
- India (coastal transport), Vadinar Refinery in Gujarat
- Why
- To enable domestic fuel supply and address disruptions caused by EU sanctions.
- Company
- Nayara Energy
- Refinery Location
- Vadinar, Gujarat
- Refinery Capacity
- 20 million tonnes/year
- EU Sanctions
- Imposed in July
- Foreign Flagged Ships
- Four approved for coastal transport
- Rosneft Stake
- 49.13%