Latest news with #tanker
Al Arabiya
6 days ago
- Business
- Al Arabiya
Tanker with Russian oil gets diverted to Indian port, sources say
An oil tanker carrying Russian Urals crude has been diverted away from the EU-sanctioned Nayara Energy's Vadinar port in India to unload its cargo at the port of Mundra, according to shipping data and four industry sources on Thursday. Two tankers have also skipped loading refined products from Vadinar port since Friday when Nayara, 49%-owned by oil producer Rosneft, was among companies targeted in a fresh package of sanctions imposed by the European Union on Russia. The Omni tanker, carrying about 700,000 barrels of Urals, arrived at Vadinar port on July 18 and is now anchored off Mundra port, according to data from LSEG and Kpler and the sources on Thursday. Its destination was changed from Vadinar to Mundra on Wednesday, the data showed. It was not immediately clear why the cargo was not unloaded at Vadinar. The cargo has now been bought by a refinery operated by HPCL-Mittal Energy Ltd (HMEL), a joint venture between Hindustan Petroleum Corp and Mittal Energy Investments, the sources said. HMEL operates a 226,000 barrel-per-day refinery in northern Punjab state. HMEL and Nayara did not immediately respond to requests for comment. Nayara operates a 400,000-bpd refinery in western India.
Reuters
6 days ago
- Business
- Reuters
Tanker with Russian oil for sanctions-hit Nayara Energy diverts to another Indian port, sources say
NEW DELHI, July 24 (Reuters) - An oil tanker carrying Russian Urals crude has been diverted away from the EU-sanctioned Nayara Energy's Vadinar port in India to unload its cargo at the port of Mundra, according to shipping data and four industry sources on Thursday. Two tankers have also skipped loading refined products from Vadinar port since Friday when Nayara, 49%-owned by oil producer Rosneft ( opens new tab, was among companies targeted in a fresh package of sanctions imposed by the European Union on Russia. The Omni tanker, carrying about 700,000 barrels of Urals, arrived at Vadinar port on July 18 and is now anchored off Mundra port, according to data from LSEG and Kpler and the sources on Thursday. Its destination was changed from Vadinar to Mundra on Wednesday, the data showed. It was not immediately clear why the cargo was not unloaded at Vadinar. The cargo has now been bought by a refinery operated by HPCL-Mittal Energy Ltd (HMEL), a joint venture between Hindustan Petroleum Corp ( opens new tab and Mittal Energy Investments, the sources said. HMEL operates a 226,000 barrel-per-day refinery in northern Punjab state. HMEL and Nayara did not immediately respond to requests for comment. Nayara operates a 400,000-bpd refinery in western India.
Reuters
23-07-2025
- Business
- Reuters
Second tanker to skip fuel loading at sanctions-hit Nayara, sources say
SINGAPORE/NEW DELHI, July 23 (Reuters) - A tanker will not load fuel from India's sanctions-hit Nayara Energy refinery as scheduled, according to three industry sources and LSEG shiptracking data, becoming the second such vessel to change plans following the European Union measures. Nayara Energy, in which Russia's largest oil producer Rosneft ( opens new tab has a 49.13% stake, was hit in a fresh package of sanctions imposed on Friday by the European Union over Russia's war on Ukraine that began in February 2022. The Chang Hang Xing Yun is now tentatively set to load about 35,000 metric tons (260,750 barrels) of ultra-low sulphur diesel (ULSD) from Kuwait on August 1 before heading to East Africa, according to data from LSEG shiptracking and a shipping source on Wednesday. Chartered by PetroChina, it was previously scheduled to load about 35,000 tons of diesel from July 29 to 31 at Nayara Energy's Vadinar port, with the cargo bound for either Southeast Asia or Chittagong in Bangladesh, Reuters had reported. PetroChina and Nayara Energy did not immediately respond to requests for comment. The ship was still positioned off the west coast of India on Wednesday. Earlier, the tanker Talara, chartered by BP, left Nayara's Vadinar port without loading, Reuters reported on Tuesday. The refiner also did not award a spot naphtha export tender after revising its payment terms, three trade sources said on Wednesday. An official from one of India's state refiners said they would not buy Nayara's products as they already had sufficient supplies to meet local demand for this fiscal year. The state refiners, which dominate India's retail fuel sales, will also seek government permission before signing any fresh fuel purchase deals with Nayara, he said. Nayara will have to sell its fuel at substantial discount to make a case for state retailers or consumers to purchase its fuel, he added. On Monday, Nayara Energy said it condemned the EU's "unjust and unilateral" decision to impose sanctions, while India also has said it did not support the bloc's sanctions. "Direct sanctions on Nayara Energy's Vadinar refinery affects around 15,000 bpd of jet imports into Europe, but as banks may look to limit exposure, credit lines necessary for crude supply into Vadinar may also be impacted, forcing run cuts," Energy Aspects analysts said in a blog post late last week. Overall, the new EU sanctions are putting at risk 200,000 bpd of ULSD and 50,000 bpd of jet fuel imports into Europe, as other refineries in India and Turkey are likely to continue to process Russian crude, they added.
Yahoo
23-07-2025
- Business
- Yahoo
Second tanker to skip fuel lifting from sanctions-hit Nayara, sources say
SINGAPORE/NEW DELHI (Reuters) -A tanker will not load fuel from India's sanctions-hit Nayara Energy refinery as scheduled, according to three industry sources and LSEG shiptracking data, becoming the second such vessel to change plans following the European Union strictures. Nayara Energy, which is partly-owned by Russia's largest oil producer Rosneft, fell foul of a fresh package of sanctions imposed on Friday by the European Union over Russia's war on Ukraine, begun in February 2022. The Chang Hang Xing Yun is now tentatively set to load about 35,000 metric tons (260,750 barrels) of ultra-low sulphur diesel from Kuwait on August 1 before heading to east Africa, according to data from LSEG shiptracking and a shipping source on Wednesday. It was previously scheduled to load about 35,000 tons of diesel from July 29 to 31 at Nayara Energy's Vadinar port, with the cargo bound for either Southeast Asia or Chittagong in Bangladesh, chartered by PetroChina, Reuters had reported. Petrochina and Nayara Energy did not immediately respond to requests for comment. The ship was still positioned off the west coast of India on Wednesday. Earlier, the tanker Talara chartered by BP left Nayara Energy's Vadinar port without loading, Reuters reported on Tuesday. On Monday, Nayara Energy said it condemned the EU's "unjust and unilateral" decision to impose sanctions on it, while India also has said it did not support the bloc's sanctions. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
23-07-2025
- Business
- Reuters
Second tanker to skip fuel lifting from sanctions-hit Nayara, sources say
SINGAPORE/NEW DELHI, July 23 (Reuters) - A tanker will not load fuel from India's sanctions-hit Nayara Energy refinery as scheduled, according to three industry sources and LSEG shiptracking data, becoming the second such vessel to change plans following the European Union strictures. Nayara Energy, which is partly-owned by Russia's largest oil producer Rosneft ( opens new tab, fell foul of a fresh package of sanctions imposed on Friday by the European Union over Russia's war on Ukraine, begun in February 2022. The Chang Hang Xing Yun is now tentatively set to load about 35,000 metric tons (260,750 barrels) of ultra-low sulphur diesel from Kuwait on August 1 before heading to east Africa, according to data from LSEG shiptracking and a shipping source on Wednesday. It was previously scheduled to load about 35,000 tons of diesel from July 29 to 31 at Nayara Energy's Vadinar port, with the cargo bound for either Southeast Asia or Chittagong in Bangladesh, chartered by PetroChina, Reuters had reported. Petrochina and Nayara Energy did not immediately respond to requests for comment. The ship was still positioned off the west coast of India on Wednesday. Earlier, the tanker Talara chartered by BP left Nayara Energy's Vadinar port without loading, Reuters reported on Tuesday. On Monday, Nayara Energy said it condemned the EU's "unjust and unilateral" decision to impose sanctions on it, while India also has said it did not support the bloc's sanctions.
