{"id":535895,"date":"2022-11-14T09:48:44","date_gmt":"2022-11-14T04:18:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=535895"},"modified":"2022-11-14T10:02:36","modified_gmt":"2022-11-14T04:32:36","slug":"reliance-nayara-to-gain-from-european-energy-crisis-says-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-nayara-to-gain-from-european-energy-crisis-says-report\/","title":{"rendered":"Reliance, Nayara to gain from European energy crisis, says Report"},"content":{"rendered":"<p>The ongoing energy crisis in Europe is expected to benefit Reliance Industries and Nayara Energy as these are among the Asian refiners that produce winter-specification diesel for the European Union, according to a report.<\/p>\n<p>State-owned oil companies are not into exports and that gives an advantage to Reliance &#8212; the largest importer of Russian crude and also the largest exporter of diesel from the country &#8212; and Russia&#8217;s Rosneft-owned Nayara.<\/p>\n<p>The energy crisis will only get further aggravated going forward as from next month Opec&#8217;s 2-million barrel per day production cut comes into force, and from February 5 the ban on Russian imports of refined products comes into force, say oil analysts at LSG group&#8217;s market data provider Refinitiv.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ongoing energy crisis in Europe is expected to benefit Reliance Industries and Nayara Energy as these are among the Asian refiners that produce winter-specification diesel for the European Union, according to a report. State-owned oil companies are not into exports and that gives an advantage to Reliance &#8212; the largest importer of Russian crude and also the largest exporter of diesel from the country &#8212; and Russia&#8217;s Rosneft-owned Nayara. The energy crisis will only get further aggravated going forward as from next month Opec&#8217;s 2-million barrel per day production cut comes into force, and from February 5 the ban [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-535895","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/535895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=535895"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/535895\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=535895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=535895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=535895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}