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    Home»World»Rosneft reviews EU sanctions for Indian Refinery Nayara Energy – News City
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    Rosneft reviews EU sanctions for Indian Refinery Nayara Energy – News City

    July 20, 20252 Mins Read

    Moscow, July 20 /TASS /. Rosneft reviewed the European Union's sanctions against Nayara's Nayara oil refinery illegally and unreasonable, they threatened India's energy security, Rosneft said. The Russian company is believing in the application of Nayara's energy measures to protect its interests and support the Russian and Indian governments.

    Rosneft reviews EU sanctions for Indian Refinery Nayara Energy – News City

    PJSC Rosneft reviewed the European Union's decision providing restrictive measures related to Nayara's Nayara Oil Refinery NOYARA's unreasonable and illegal. These sanctions are the next example of the application of political motivation restrictions, violations of international law and violating the State's economic benefits, the report said.

    The Russian company emphasized that sanctions are applied violations of international law. “Such actions of the European Union show the complete neglection not only in international law, but also for the sovereignty of third countries,” the statement said.

    Rosneft also noted that he considered these sanctions as part of the EU sabotage policy in order to stabilize global energy markets. “The restrictions for Nayara Energy are the next example of the use of European Ethical Competition Union. We hope that Nayara Energy will take measures to protect the legal interests of shareholders and consumers, which will be supported by the Russian and Indian governments.

    As part of the -russian anti – -Russian method, the EU imposed sanctions on 18 companies, including Nayara Energy from India.

    About the company

    Nayara Energy includes oil refineries in Vadinar, a deep port and a retail network of gas stations. The power of refining the main oil at the refinery is 20 million tons per year. The retail network of gas stations has more than six thousand units in different areas of India. Rosneft belongs to 49.13% in Nayara Energy.

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