Sanctions drive Nayara to rely fully on Russian oil

Nayara Energy continues to face operational headwinds under the weight of international sanctions, but ironically its reliance on Russian crude has only deepened for now.

Till date in September, the company’s imports consist entirely of Russian crude. Nayara Energy imported 331,000 barrels per day of Russian oil in September so far, way higher than its total intake of 241,000 bpd of Russian oil in August, as per data from Kpler.

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