India Sends Rare Diesel Cargo to China as Nayara Faces Sanctions
Workers supervise oil being moved on a tanker at Krishnapatnam Port in Krishnapatnam, India.
Photographer: Dhiraj Singh/BloombergA cargo of Indian diesel is heading to China, in what would be first such shipment since 2021, with oil product exports from Russia-linked Nayara Energy in a state of limbo following the latest round of European Union sanctions.
The EM Zenith sailed from the Nayara’s Vadinar terminal with about 496,000 barrels of ultra-low sulfur diesel on July 18, according to Kpler, a port agent report and ship tracking data compiled by Bloomberg. The departure came just hours before the EU announced restrictions on the Rosneft-backed refinery as a part of a renewed crackdown on Russia’s oil trade.
