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Second tank to load fuel with sanctions hit Nayara, say sources

    By Trixie Yap and Nidhi Verma

    Singapore/New Delhi (Reuters) -a tanker does not load fuel from the sanctions of India, by Nayara Energy Refinery as planned, according to three sources in industry and LSEG data data and it becomes the second of such ship to change plans after the European Union measures.

    Nayara Energy, in which the largest oil producer in Russia Rosneft has an interest of 49.13%, was affected in a new package of sanctions imposed by the European Union on the Russian war in Ukraine that started in February 2022.

    The Chang Hang Xing Yun has now been set for loading of approximately 35,000 tons (260,750 barrels) Ultra-Lage Sulfur Diesel (ULSD) from Kuwait on August 1 before he goes to East Africa, according to data from LSEG shipping and a shipping source on Wednesday.

    Chartered by Petrochina, it was previously planned to load around 35,000 tons of diesel from 29 to 31 July in the Vadinar port of Nayara Energy, with the load on the way to Southeast -Asia or Chittagong in Bangladesh, Reuters had reported.

    Petrochina and Nayara Energy did not immediately respond to requests for comments.

    The ship was still placed in front of the west coast of India on Wednesday.

    Earlier, the Tanker left Talara, chartered by BP, Nayara's Vadinar port without loading, Reuters reported Tuesday.

    The refinery has also not awarded a place that Naphta exports after revising its payment conditions, said three trade sources on Wednesday.

    An official from one of the Indian state refineries said they would not buy Nayara's products because they already had enough stocks to meet the local demand for this tax year.

    The refineries of the state, who dominate the sale of fuel fuel in India, will also seek permission from the government before signing a new fuel purchase agreements with Nayara, he said.

    Nayara will have to sell its fuel with a substantial discount to advocate the retailers or consumers of the state to buy the fuel, he added.

    On Monday, Nayara Energy said that it was the “unjust and unilateral” decision of the EU to impose sanctions, while India also said that it did not support the sanctions of the block.

    “Direct sanctions on the Vadinar refinery of Nayara Energy affects around 15,000 BPD Jet -Import in Europe, but because banks can look to limit exposure, credit lines that are needed for raw delivery in Vadinar can also be influenced, forced Run to be forced in a blog post,” said analysts of energy aspects of energy aspects of Energassepecten of Energenspecten of Energenspecten of Energenspecten of Energenspecten of Energenspecten of Energenspecten of Energenspecten of Energenspecten of Energenspecten of Energenspecten of Energenspecten of Energenspecten of Energenspecten of Energenspecten of Energenspecten.

    In general, the new EU sanctions are in risk 200,000 BPD ULSD and 50,000 BPD of aircraft fuel input in Europe, because other refineries in India and Turkey probably continue to process Russian crude oil, they added.

    (Reporting by Trixie Yap and Nidhi Verma; Additional reporting by Mohi Narayaneditation by Tony Munroe, Clarence Fernandez and Kate Mayberry)