Now Reading: Nayara Energy fuel reaches Russia after Ukrainian refinery strikes
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Nayara Energy fuel reaches Russia after Ukrainian refinery strikes
Nayara Energy fuel reaches Russia after Ukrainian refinery strikes
Russia has received its first-ever shipment of Indian motor fuel amid a petrol shortage caused by Ukrainian attacks on its refineries. Two oil tankers carrying 60,000 to 80,000 tonnes of gasoline arrived…
The Story in Brief
Russia has received its first-ever shipment of Indian motor fuel amid a petrol shortage caused by Ukrainian attacks on its refineries. Two oil tankers carrying 60,000 to 80,000 tonnes of gasoline arrived from India, with the first received on August 5, Bloomberg reported. Reuters sources said the fuel was produced by Nayara Energy, the Gujarat-based refiner majority-owned by Russian entities.
Union Minister Hardeep Singh Puri said Indian companies are not directly supplying fuel to Russia, but acknowledged it was possible Russian buyers acquired Indian-origin fuel through global traders. Nayara has not confirmed the sale. Over 50 Ukrainian strikes on Russian energy facilities since March have caused long queues at petrol stations in Moscow and other cities, the Associated Press reports.
The Indian Opinion
This story risks being twisted into another chapter of the 'India helps Russia evade sanctions' narrative. The facts are more nuanced: Nayara is majority-owned by Russian entities, and the sale happened through international traders, not a direct government deal. India has not violated any sanction, it has simply not imposed its own. The real test will be whether the US or EU formally objects to this specific transaction. Until then, the moral outrage is premature and ignores that Russia’s fuel crisis stems from Ukraine’s military strategy, not Indian exports.
Source: livemint.com
This story was synthesised by AI from the source linked above.
