The Indian refinery Nayara Energy, partially owned by the Russian company Rosneft, will receive a record low volume of crude oil in August. This reduction is due to the European Union sanctions imposed on Russian energy companies. In July, Nayara was added to Brussels’ blacklist, which significantly limited its ability to procure raw materials.
This is reported by Business • Media
EU Sanctions Impact Oil Supply
In August, the volume of crude oil deliveries to Nayara Energy is expected to be less than 94,000 barrels per day. In comparison, from July to September of last year, this figure reached nearly 366,000 barrels daily. Thus, the company is recording the lowest level of raw material imports in its history. Additionally, the company is facing difficulties in exporting petroleum products produced at its facilities.
Ukraine’s Response and the Oil Market Situation
Ukrainian President Volodymyr Zelensky addressed Indian Prime Minister Narendra Modi, requesting that he refrain from purchasing Russian energy resources, particularly oil. According to the head of state, such steps will help reduce Moscow’s economic potential to continue the war.
“It is important for every leader who has significant leverage over the Russian Federation to send appropriate signals to Moscow,” he added.
At the same time, despite the sanctions pressure, maritime oil exports from the Russian Federation averaged 3.11 million barrels per day from July 13 to August 10, 2025. This is a 3% decrease compared to the previous four-week period. The total value of maritime exports during this time dropped by $50 million to $1.33 billion.