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Business Standard
05-08-2025
- Business
- Business Standard
Nayara exports first fuel cargo after EU sanctions, tanker heads to Oman
Russia-backed Indian refiner Nayara Energy has exported its first gasoline cargo since the privately-owned company was sanctioned by the European Union on July 18, according to four shipping sources and LSEG data. The tanker Tempest Dream, carrying about 43,000 metric tons (363,350 barrels) of gasoline, sailed on Monday, according to the sources and LSEG shipping data. The vessel, sanctioned by Britain in June, is headed to Sohar, Oman, shipping data showed, although buyer details could not be verified. Mumbai-based Nayara Energy did not immediately respond to a Reuters request for comment. A second vessel, the Sard, is currently at the western Indian port of Vadinar used by Nayara, set to lift about 43,000 tons of diesel, according to two sources and LSEG shipping data. Nayara has been forced to reduce crude runs at its 400,000-barrel-per-day refinery in Vadinar due to difficulties in obtaining ships and selling fuel from the port in the wake of the sanctions, Reuters has reported. Nayara, which runs 6,600 fuel stations in India, has approached state fuel retailers for domestic sale of products, industry sources have said. It recently used tanker Leruo to move about 43,000 tons of diesel to Mundra port in western India, data from traders and Kpler shiptracking showed. The Leruo and Sard have been sanctioned by the EU since July and May respectively.
Time of India
05-08-2025
- Business
- Time of India
Nayara Energy trade: Russia-backed refinery exports first gasoline shipment after EU sanctions; diesel shipment to follow
Amid tightening international scrutiny, Russian-linked Indian refiner Nayara Energy has exported its first gasoline shipment since the European Union imposed sanctions on the company on July 18, Reuters reported citing four sources and LSEG data. According to shipping sources and LSEG data, the vessel Tempest Dream departed on Monday with around 43,000 metric tons (over 363,000 barrels) of gasoline and is en route to Sohar in Oman. The tanker itself had been sanctioned earlier by the UK in June. The identity of the buyer remains unconfirmed. A second EU-sanctioned vessel, Sard, is currently docked at Nayara's Vadinar port in western India and is expected to lift a similar quantity of diesel, sources said. The shipments come amid operational challenges at Nayara's 400,000-barrel-per-day refinery, which has scaled back crude processing after difficulties in sourcing ships and marketing fuel from the sanctioned port, Reuters reported earlier. To counter export constraints, Nayara — which operates over 6,600 fuel outlets across India — has turned to domestic sales through state-owned fuel retailers, industry officials said. In a recent move, the company used the vessel Leruo to transfer 43,000 tons of diesel to Mundra port, according to trade sources and ship-tracking firm Kpler. Both Leruo and Sard are among the vessels blacklisted by the EU in recent months. Nayara Energy is backed by Russia's Rosneft and a consortium of global investors. Stay informed with the latest business news, updates on bank holidays and public holidays .
Business Recorder
05-08-2025
- Business
- Business Recorder
India's Nayara exports first gasoline since sanctions, sources say
NEW DELHI/SINGAPORE: Russia-backed Indian refiner Nayara Energy has exported its first gasoline cargo since the privately-owned company was sanctioned by the European Union on July 18, according to four shipping sources and LSEG data. The tanker Tempest Dream, carrying about 43,000 metric tons (363,350 barrels) of gasoline, sailed on Monday, according to the sources and LSEG shipping data. The vessel, sanctioned by Britain in June, is headed to Sohar, Oman, shipping data showed, although buyer details could not be verified. Mumbai-based Nayara Energy did not immediately respond to a Reuters request for comment. A second vessel, the Sard, is currently at the western Indian port of Vadinar used by Nayara, set to lift about 43,000 tons of diesel, according to two sources and LSEG shipping data. Supertanker delivers oil to sanctioned Nayara Energy's Vadinar refinery, sources say Nayara has been forced to reduce crude runs at its 400,000-barrel-per-day refinery in Vadinar due to difficulties in obtaining ships and selling fuel from the port in the wake of the sanctions, Reuters has reported. Nayara, which runs 6,600 fuel stations in India, has approached state fuel retailers for domestic sale of products, industry sources have said. It recently used tanker Leruo to move about 43,000 tons of diesel to Mundra port in western India, data from traders and Kpler shiptracking showed. The Leruo and Sard have been sanctioned by the EU since July and May respectively.
CairoScene
16-05-2025
- Entertainment
- CairoScene
Fares Zaitoon Captures What Relapse Feels Like in ‘I Have Been There'
The documentary photographer invites viewers into a quiet and visceral exploration of addiction and relapse in Egypt. A room covered with white ceramic tiles. Out-of-focus images. Sweat. Isolation. And a nude self-portrait in agony. These are some of the frames of Egyptian conceptual documentary photographer Zaitoon's latest exhibition, 'I Have Been There'. Part of the Sard exhibition, where Zaitoon also serves as curator and guest of honour, the show represents an eight-year-long attempt to reframe addiction and relapse. Yet, it's a narrative that decenters the addict and the substance. It centres emotion. Tucked into an almost suffocating corner of Beit Bab El Louq, 'I Have Been There' presents a raw, intimate collection of images. Some are staged. Others are not. They depict people the artist has lived with, used drugs with, relapsed with, and recovered with. As a recovering addict for over ten years, Zaitoon's sobriety is inextricable from his path as a photographer. 'When I carried a camera for the first time, looked at the world through the viewfinder, I felt the voices in my head quiet down,' he shares. The act of building a frame gave him agency, and over time, that act became a form of self-reclamation. It started inward. He photographed himself, his home, and his dynamic with his father. Slowly, he began extending that same visual space to others. Collaborating with recovering addicts, he co-created photographic series that offered them authorship over their own image, a radical proposition in a context where addicts are often stripped of the right to express who they are. In 'I Have Been There', Zaitoon invites the viewer into a quiet, visceral exploration of recovery as a process unfolding in sweat, silence, and, sometimes, stillness. 'When I photograph addicts, the aesthetic is secondary. I don't care if the image is out of focus. What comes before that is the emotion, and also my ability to even showcase that image publicly.' The tension between visibility and anonymity has become a core part of Zaitoon's visual language. In a society where addiction carries immense stigma, hiding the subject's identity becomes both an ethical safeguard and an artistic choice. One that conveys the weight, chaos, and fragility of relapse as something that transcends personhood. The exhibition, a collection of different photographic projects, functions almost like an accidental retrospective. It tracks Zaitoon's evolving relationship with recovery, offering a window into emotions he insists are not exclusive to addicts. 'If we remove the curatorial text next to the images, those emotions would still resonate. Fear, low self-esteem, anyone can relate to that. This universality is very important to me,' he explains. When asked why he chose that particular room in the villa, one of three exhibitions in the space, Zaitoon reflects on the need for the work to be encountered intentionally. 'It's like the emotions needed to be observed in private,' he says. The room is hidden. You don't just stumble into it. You navigate a maze of other images, then find yourself in a cold, tiled space lit with sterile white bulbs. 'I picked the room, but I couldn't objectively curate my own work. That's where photographer Ebrahim Bahaa-Eldin's role as co-curator was essential.' 'I Have Been There' constructs an image that exists outside the mainstream, one even Zaitoon struggles with, because there's no reference for it. It's an image often overlooked or censored, one that, as he puts it, forces him to say, 'I'm an ex-addict.' The exhibition is running at Beit Bab El Louq as part of Cairo Photo Week until May 18th.
