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Sanctioned Indian Refiner Taps Dark Fleet Market for Russian Oil

According to the data, Nayara Energy has imported at least seven cargos of Russian crude on tankers that include sanctioned vessels, carrying a total of 700,000 barrels. Nayara Energy accounts for some 8% of India’s total refining capacity. It operates a 400,000-bpd refinery in Vadinar, which is the second-largest in the country. The facility is 49% owned by Russia’s Rosneft.