EU Sanctions Hit Petroleum Sales of Russia-Linked Indian Refiner

While many analysts said that the latest EU sanctions against Russia would be moot without U.S. support, one Indian refiner partly owned by Russia’s oil giant Rosneft has been hit hard by the EU measures against Russian oil customers.  India-based Nayara Energy, which owns the country’s third-largest refinery with a capacity of 400,000 barrels per day (bpd) and which is 49% owned by Rosneft, has troubles selling the fuels it has produced.  At least three tankers that have loaded fuel from Nayara Energy’s refinery have…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com