Clean Break: the company completely halting Russian engagements or exiting Russia

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Nayara Energy is an Indo-Russian oil Refining and Marketing company that owns and operates Vadinar refinery located at Vadinar, Gujarat, India with a capacity of 20MMTPA, making it the second largest in India. It operates over 6386 retail fuel outlets in the country the highest for any private oil company in India.

 
 
 
 

Clean Break: the company completely halting Russian engagements or exiting Russia

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Glob.Revenue, mln.USD
15000
The Company Statement
June 03, 2022

Snapped cheap Russian oil through spot deals. Rosneft, Russia's largest oil company, is in talks to sell a stake in India's Nayara Energy. Rosneft has already valued Nayara Energy at more than $20 billion and has held talks with Reliance Industries, Adani, JSW Group and Saudi Aramco.

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