Hyderabad, Aug. 14 -- Faced with sanctions from the European Union (EU) for procuring oil from Russia, India-based Nayara Energy has shipped diesel to China.
This is the first time since 2021, an Indian company has shipped diesel to China. According to a report by Bloomberg, the vessel EM Zenith departed from Nayara's Vadinar terminal carrying approximately 4,96,000 barrels of ultra-low sulfur diesel on July 18.
The ship sailed just before the EU announced sanctions on the refinery as part of its intensified measures against Russian oil trade.
The vessel, originally scheduled to go to Malaysia, changed course in the Strait of Malacca and remained anchored for approximately 12 days whilst several Nayara cargoes were affected by EU sanct...
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