Key facts
- Nayara Energy completed maintenance at its Vadinar refinery.
- The refinery has a capacity of 400,000 barrels per day.
- Nayara Energy processes Russian crude oil.
- Rosneft holds a 49% stake in Nayara Energy.
- The refiner is pivoting to supply the domestic market to avoid potential EU sanctions.
India's Nayara Energy announced on Thursday that it has completed a planned turnaround of its 400,000-barrel-per-day refinery located in Vadinar. This refinery has been processing Russian crude oil for several months. Nayara Energy, which has a 49% stake held by Rosneft, is expected to boost its fuel supply to the Indian domestic market in the upcoming weeks following the completion of the maintenance. The company has shifted its focus to supplying the Indian market to circumvent potential European Union sanctions that could be imposed on Nayara Energy due to its Russian ownership, starting from the summer of 2025.