How is Nayara Energy responding to the EU sanctions?

Nayara Energy, which is 49.13% owned by Russian oil and gas giant Rosneft, has offered its export volumes of petrol and diesel to Indian state-run refiners to mitigate the impact of the EU sanctions.

Home / Business and Economy / Nayara Energy Offers Fuel to Indian Refiners Amid EU Sanctions

Nayara Energy Offers Fuel to Indian Refiners Amid EU Sanctions

Q: What are Nayara Energy's investment plans for the future?

Nayara Energy plans to invest over ₹70,000 crore in the long term across petrochemicals, ethanol plants, and marketing infrastructure expansion, among other projects, to enhance its presence in India's energy sector.

Q: How has Nayara Energy's refinery operations been affected by the sanctions?

Nayara Energy has reduced run rates at its refinery, currently operating it at about 80% capacity, due to the challenges posed by the EU sanctions.

1 Aug

•

Summary

Nayara Energy offers petrol and diesel exports to Indian state-run refiners
Nayara plans ₹70,000 crore investment in petrochemicals, ethanol, and infrastructure
Nayara reduces refinery run rates to 80% capacity due to sanctions

Nayara Energy Offers Fuel to Indian Refiners Amid EU Sanctions

In July 2025, the European Union imposed sanctions on Russia's oil and energy sector, which have directly impacted Nayara Energy, India's second-largest single-location refinery. As a result, Nayara Energy, which is 49.13% owned by Russian oil and gas giant Rosneft, has been squeezed by the sanctions.

To mitigate the impact, Nayara Energy has reached out to Indian state-run refiners and marketers, offering its export volumes of petrol and diesel. The company has also reduced run rates at its refinery, currently operating it at about 80% capacity.

Despite the challenges, Nayara Energy remains committed to India's energy security and long-term growth. The company plans to invest over ₹70,000 crore in the long term across petrochemicals, ethanol plants, and marketing infrastructure expansion, among other projects. Nayara has already set up a polypropylene unit in Vadinar, Gujarat, to diversify its product portfolio and become a prominent player in the high-growth petrochemical industry.

Nayara Energy has invested over ₹14,000 crore since August 2017 in various projects in India, including upgrading existing refining facilities, investing in a new petrochemical plant, and other new infrastructure projects. The company remains committed to community development, with an annual CSR budget of ₹200 crore dedicated to meeting the diverse needs of the communities it serves.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.