BP-chartered tanker leaves port of sanctioned-Nayara Energy without loading oil, sources say

Logo of British Petrol BP is seen at petrol station in Pienkow, Poland, June 8, 2022. REUTERS
SINGAPORE/NEW DELHI, July 22 (Reuters) – Oil tanker Talara, chartered by energy major BP (BP.L),  has left the Vadinar port of newly-sanctioned Indian refiner Nayara Energy without loading diesel as planned, according to five industry sources and shipping data on LSEG.
The vessel was supposed to load 60,000 metric tons (447,000 barrels) of ultra low sulphur diesel on July 21 with the cargo bound for Africa, LSEG data showed.
Nayara, partly-owned by Russia’s largest oil producer Rosneft (ROSN.MM),  and BP did not immediately respond to requests for comment. The sources declined to be named as they were not authorised to speak to the media.
The change in loading plan suggests that European Union sanctions imposed on Nayara on Friday are disrupting refined products exports from the Russia-backed refiner, one of the two private fuel exporters in India.
The vessel, Talara, did not load the cargo after the EU imposed the sanctions, one of the sources said. The EU sanctions package against Russia over its war in Ukraine was aimed at dealing further blows to Russia’s oil and energy industry.
BP has since released the ship, making it available for charter within India or Middle East region, two of the sources said.
Nayara said in a statement on Monday it condemned the EU’s “unjust and unilateral” decision to impose sanctions on the company, while India said on Friday it did not support the EU’s “unilateral sanctions”.

Reporting by Trixie Yap in Singapore and Nidhi Verma in New Delhi; Writing by Florence Tan and Tony Munroe; Editing by Jacqueline Wong and Kate Mayberry

Share this post :

Facebook
Twitter
LinkedIn
Pinterest

Leave a Reply

Your email address will not be published. Required fields are marked *

Create a new perspective on life

Your Ads Here (365 x 270 area)
Latest News
Categories

Subscribe our newsletter

Purus ut praesent facilisi dictumst sollicitudin cubilia ridiculus.