Archive · 2 Jan 2026
Nayara Energy Faces Challenges Amid Ukraine-Russia Conflict
Nayara Energy is a big company that makes fuel in India.
It has a very large factory in Gujarat that processes oil into fuel.
Most of this oil used to come from Russia, but because of the fight between Russia and Ukraine, other countries have put rules (sanctions) on buying Russian oil.
This has made things hard for Nayara.
They had to find new ways to get oil and even had to slow down their factory for a while.
But they kept working and even opened more fuel stations across India.
The Indian government helped them by giving them ships and trains to move fuel around the country.
Now, things are getting a little better, and they hope to keep growing in 2026.
Nayara Energy, dependent on Russian crude, faced challenges due to Ukraine-Russia conflict and EU sanctions in 2025.
The company managed to stabilize operations by diversifying crude supplies and received support from the Indian government.
Nayara's Vadinar refinery run rate dropped to 60% but has since recovered to 85% plus.
Despite challenges, Nayara expanded its retail outlets, adding over 700 new fuel stations in 2025.
The company aims to normalize operations and continue expanding its retail network in 2026.
- Who
- Nayara Energy Ltd, co-owned by PJSC NK Rosneft and Kesani Enterprises
- What
- Facing challenges due to Ukraine-Russia conflict and EU sanctions
- When
- 2025 was a tough year, with potential normalization in 2026
- Where
- Vadinar refinery in Gujarat, India
- Why
- Dependence on Russian crude oil and international scrutiny
- Company
- Nayara Energy Ltd
- Major Shareholders
- PJSC NK Rosneft, Kesani Enterprises
- Refinery Location
- Vadinar, Gujarat
- Refinery Capacity
- 20 million tonne per annum (mtpa)
- Current Refining Output
- 8% of India's refining output
- Refinery Complexity Index
- 12.17
- Retail Outlets Expansion
- Over 700 new outlets in 2025