Sanctions Choke Crude Shipments to Indian Refiner Nayara

Indian refiner Nayara Energy is set to receive the lowest-ever amount of crude this month, as oil imports and product exports buckle under the weight of EU sanctions.

Nayara — part-owned by Russian oil giant Rosneft PJSC and blacklisted by Brussels in July — is expected to receive just under 94,000 barrels of crude per day for all of this month, ship-tracking data from Vortexa and Kpler show. That compares with nearly 366,000 barrels a day in July through September last year.