Hit by EU sanctions over Russia oil - India's Nayara struggles to sustain
Nayara Energy, a major Indian refinery with significant Russian ownership, is navigating EU sanctions by boosting domestic fuel distribution via increased rail transport. The company, now solely sourcing crude from Russia, faces challenges securing export markets and processing international payments.
Nayara Energy, a major Indian refinery with significant Russian ownership, is navigating EU sanctions by boosting domestic fuel distribution via increased rail transport. The company, now solely sourcing crude from Russia, faces challenges securing export markets and processing international payments.
