Nayara Energy seeks ships from India to ferry refined fuels, Indian government source says, ETInfra

Russia-backed private refiner Nayara Energy, which was sanctioned by the European Union last month, has sought help from India’s shipping ministry to get vessels for the movement of its refined fuels, a government source said on Thursday.

Sanctions-hit Nayara is struggling to get vessels for the supply of refined fuels for its retail stations in India. The private refiner has already cut crude runs at its refinery.

Since EU’s sanctions, Nayara has faced shippers asking for termination of contracts and Microsoft briefly suspending critical services.

The ministries of shipping, oil and foreign affairs will shortly meet to look into Nayara’s request, the source told reporters after a meeting with Nayara officials.

New Delhi is exploring possibilities of arranging India-flagged vessels of local companies for the private refiners. Vessel owners are citing problems including availing insurance cover for undertaking voyages for Nayara, the source added.

• Published On Aug 7, 2025 at 09:28 PM IST

Join the community of 2M+ industry professionals.

Subscribe to Newsletter to get latest insights & analysis in your inbox.

Get updates on your preferred social platform

Follow us for the latest news, insider access to events and more.

_{Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.}