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Three tankers of Naira Energy of India are unable to discharge their goods due to new sanctions of the European Union. Naira is with Russia’s oil company Rossnet. She is now facing global business pressure. On July 18, the European Union released a list of new sanctions. India’s Naira Energy was named in this new list. Which was banned. European companies and oil surveyors have distanced away from its products due to sanctions.
The European Union recently imposed a fierce ban on an Indian oil company. In the name of banning Russia, the ban on Naira Energy of India is now overshadowing it. It is reported that three tankers of Naira Energy are stuck in the sea at this time with their goods. Three tankers of Naira Energy of India are unable to discharge their goods due to new sanctions of the European Union. Naira is with Russia’s oil company Rossnet. She is now facing global business pressure. On July 18, the European Union released a list of new sanctions. India’s Naira Energy was named in this new list. Which was banned. European companies and oil surveyors have distanced away from its products due to sanctions. Even if they have been paid. Despite this, these goods are not being delivered.
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Among the China tankers standing like this, a tanker named Ellora, who reached the sinus port of Portugal with about 60 thousand matric tons of jet fuel. He has been anchor there since 18 July. The second tanker reached Malaysia’s Tuition oilpass port with 40 thousand short diesel from Magenish Wadenar. He changed the path and anchored in the Malacca Strait. The third tanker is walking in Oman’s Gulf without a buyer after leaving a jet fuel from Pacific Martina Wadnar. A report by Reuters has mentioned these ships. Roots Has explained in his report how three tankers of Naira Energy are not able to discharge their goods.
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Let us tell you that Naira Energy is the same company earlier known as Israel Oil. Naira Energy operates oil refinery with a capacity of 2 million tonnes per year at the Wadinar in Gujarat. The company has about 6,800 fuel outlets across the country. Naira handles 8% of India’s total refining capacity and 7% of fuel retail network. The EU released the 18th ban on Russia companies due to the Russia Ukraine War. It also included Indian company Naira Energy. The EU claims that Naira Energy does Russian crude processes. But the reality is that India is an independent, sovereign nation and it is a policy right to buy oil. Naira imports crude only for domestic needs. Not supplies to Europe. The EU treated India’s energy security like a collateral damage.
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