Key insights
-
1
Increased Capacity: Nayara Energy's refinery operations have surged to 90-93% capacity.
-
2
Reliance on Russian Oil: The refinery is now exclusively processing Russian crude oil.
-
3
Impact of Sanctions: EU sanctions previously reduced Nayara's processing levels significantly.
Takeaways
Nayara Energy's ability to increase its crude processing capacity amidst sanctions illustrates the complexities of global oil supply chains and the ongoing reliance on Russian oil by Indian refiners.
Topics
Business & Markets Economy World & Politics International Affairs Climate & Environment Energy