Russia-backed sanctioned Indian refiner Nayara Energy boosts crude runs to 90%, sources say

Russia-backed Indian refiner Nayara Energy has ramped up crude processing at its Vadinar refinery to 90% to 93% of capacity, two sources familiar with the matter said, after European Union sanctions curtailed operations earlier this year.

Oil processing at Nayara’s 400,000 barrels per day western India plant dropped to 70% to 80% after the EU sanctioned it in July, denting its exports and leading suppliers such as Iraq and Saudi Arabia to halt crude sales to the company, sources have previously said.