U.Okay. sanctions Gujarats Nayara Refinery

The British authorities has sanctioned the Vadinar (Jamnagar) oil refinery owned by Nayara Energy Ltd., on Wednesday. The sanctions are a part of the UK.’s sanctions on Russia’s two largest oil corporations, Lukeoil and Rosneft, which personal 49.13% of Nayara. The E.U. had already sanctioned the refinery on July 18.

The timing of the UK. sanctions is critical, coming days after UK. Prime Minister Keir Starmer led a big commerce delegation to Mumbai and UK.-India relations appeared to the touch a brand new excessive. New Delhi and London additionally signed a complete free commerce settlement (FTA) on July 24, when Prime Minister Narendra Modi had visited the UK.

Like the E.U., Britain had introduced Russia sanctions on July 18 a effectively, however these had been targeted on the Russian intelligence group. The Hindu reached out to the UK. Foreign Commonwealth and Development Office (FCDO) to ask concerning the timing of the sanctions.

Wednesday’s sanctions comprise an asset freeze, director disqualification and transport sanctions and sanctions on UK. belief providers (monetary sanctions). The record of 90 sanctions, consists of 4 oil terminals in China and 44 tankers in Russia’s so-called ‘shadow fleet’. The UK. has frozen a complete of £28.7 billion of Russian property for the reason that nation invaded Ukraine in February 2022, in accordance with UK. authorities information. The nation had additionally sanctioned Russia’s third and fourth largest oil giants Gazprom Neft and Surgutneftegas in January 2025.

UK. Chancellor Rachel Reeves, presently in Washington DC, stated that the UK. authorities was “ramping up strain on corporations in third international locations, together with India and China,,” as per a number of stories within the worldwide press.

“We are sending a transparent sign: Russian oil is off the market,” Ms. Reeves stated in an announcement. State-owned refineries in India had reduce imports of Russian crude by greater than 45% between June and September 2025 as per information from analytics firm Kpler, The Hindu had reported this week. Nayara , nonetheless, had reportedly elevated its imports of Russian crude in 2025, with ranges reaching a file for the 12 months in October.

Nayara had imported 100 million barrels of Russian crude (price over $5 billion) final 12 months, the UK. authorities stated.