Archive · 17 Sep 2025
India Allows Coastal Fuel Shipments for Nayara Amidst Sanctions
Nayara Energy, an Indian company with ties to Russia, is allowed to ship fuel within India using foreign ships.
This is because of sanctions from the EU.
The EU placed sanctions on Nayara, making it difficult for them to get ships and process payments.
The Indian government approved the use of these ships to make sure people still get the fuel they need.
Although local fuel transport is now resolved, Nayara is still experiencing issues with international trade, as banks are hesitant to process payments.
India approved Nayara Energy to use foreign-flagged ships for domestic fuel transport.
This action addresses disruptions caused by EU sanctions on Nayara.
Nayara's overseas trade remains stalled due to banking restrictions.
UCO Bank's efforts to facilitate dollar payments for Nayara were unsuccessful.
HPCL sources fuel from Nayara and has adequate supply for demand.
- Who
- Nayara Energy, HPCL, UCO Bank, European Union
- What
- India cleared Nayara Energy to use foreign-flagged ships for domestic fuel transport.
- When
- Published on September 17, 2025.
- Where
- India, Gujarat
- Why
- To ensure domestic fuel supply amidst EU sanctions and shipping challenges.
Impact of Sanctions
Maintaining Fuel Supply
Perspective
Impact of Sanctions
Sanctions from the EU have halted both Nayara's exports and disrupted the supply chain for local needs.
Maintaining Fuel Supply
India is taking actions to ensure local needs are maintained.
Impact
Impact of Sanctions
The sanctions caused executives to resign, limited crude oil sources and shipping challenges.
Maintaining Fuel Supply
The domestic supply has been resolved.
- Company
- Nayara Energy
- Refinery Location
- Vadinar, Gujarat, India
- Refinery Capacity
- 20 million tonnes/year
- Fuel Produced
- Petrol and Diesel
- Parent Company
- Rosneft (Russian)
- State Retailer
- HPCL
