EU sanctions disrupted diesel supplies from India: tanker returned empty
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The Talara oil tanker, which was supposed to deliver diesel fuel to Africa, unexpectedly left the Indian port of Vadinar empty. The ship was chartered by energy company BP and the ultra-low-sulfur diesel was supposed to come from Nayara Energy, a company with Russian ties.
Reuters reports this.
The tanker was originally scheduled to carry 447,000 barrels of fuel. But after the European Union imposed a new package of sanctions on the energy sector, particularly on the Nayara refinery, the shipment was halted. This may indicate that the restrictions are starting to affect India’s fuel exports, which are tied to Russian capital.
According to one of the sources, the sanctions were the reason the ship never took delivery. Two other Reuters sources said BP then leased the tanker to other routes, such as India or the Middle East.
Nayara Energy criticized the EU decision, calling it “unfair and unilateral.” At the same time, India officially stated that it does not support such sanctions unless they are adopted at the UN level.
As a reminder, EU ambassadors have approved a new, eighteenth package of sanctions against Russia. This package focuses on reducing the maximum price for Russian oil, as well as adding to the sanctions list more than a hundred vessels that are part of the Russian Federation’s so-called “shadow fleet” – ships that help circumvent international restrictions.
As reported, the United Kingdom has joined the EU’s energy sanctions on Russia. London has reduced the ceiling price for Russian oil from $60 to $47 per barrel.
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