BR100 Decreased By (-0.59%)
BR30 Decreased By (-1.22%)
KSE100 Decreased By (-0.5%)
KSE30 Decreased By (-0.44%)
AGHA 6.70 Increased By ▲ 0.02 (0.3%)
BECO 4.37 No Change ▼ 0.00 (0%)
BML 56.60 Decreased By ▼ -0.72 (-1.26%)
BOP 30.10 Decreased By ▼ -0.25 (-0.82%)
CNERGY 12.95 Decreased By ▼ -0.17 (-1.3%)
CSIL 5.34 Decreased By ▼ -0.07 (-1.29%)
FCCL 52.00 Decreased By ▼ -0.79 (-1.5%)
FFL 14.49 Decreased By ▼ -0.23 (-1.56%)
FNEL 1.14 Increased By ▲ 0.02 (1.79%)
KEL 6.12 Increased By ▲ 0.03 (0.49%)
KOSM 6.05 Increased By ▲ 0.32 (5.58%)
LOTCHEM 26.31 Decreased By ▼ -0.15 (-0.57%)
MLCF 91.35 Decreased By ▼ -1.81 (-1.94%)
NBP 163.89 Decreased By ▼ -0.77 (-0.47%)
NCPL 53.71 Decreased By ▼ -1.95 (-3.5%)
NPL 58.99 Decreased By ▼ -2.17 (-3.55%)
OGDC 314.50 Decreased By ▼ -2.23 (-0.7%)
PACE 9.83 Decreased By ▼ -0.04 (-0.41%)
PAEL 35.15 Decreased By ▼ -0.48 (-1.35%)
PIBTL 14.72 Increased By ▲ 0.04 (0.27%)
PPL 222.10 Decreased By ▼ -4.81 (-2.12%)
PRL 90.99 Decreased By ▼ -2.03 (-2.18%)
PTC 59.28 Decreased By ▼ -0.98 (-1.63%)
SSGC 23.30 Decreased By ▼ -0.51 (-2.14%)
TBL 8.79 Increased By ▲ 0.04 (0.46%)
TELE 7.60 Decreased By ▼ -0.20 (-2.56%)
TPL 22.01 Decreased By ▼ -0.34 (-1.52%)
TPLP 12.65 Decreased By ▼ -0.32 (-2.47%)
TREET 21.85 Decreased By ▼ -0.31 (-1.4%)
TRG 56.26 Decreased By ▼ -0.30 (-0.53%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
World Print edition: 2025-07-22

Russia-backed Indian refiner condemns EU curbs

Published Updated
Save
1 min
Comments
Photo: Reuters
Photo: Reuters
By Reuters
Add BRecorder as a trusted
source on Google
Google Preferred Source

NEW DELHI: Russia-backed Indian refiner Nayara Energy on Monday condemned the European Union’s sanctions on it and said it was exploring legal options against the latest “restrictive measures”.

On Friday, the EU approved its 18th package of sanctions against Russia over its war in Ukraine, which includes sanctions on Nayara Energy, a refinery backed by Russian oil major Rosneft .

“Nayara Energy strongly condemns the European Union’s unjust and unilateral decision to impose restrictive measures on our company,” it said in a statement.

Rosneft holds a 49.13% stake in Nayara and a similar stake is owned by a consortium, Kesani Enterprises Co Ltd, led by Italy’s Mareterra Group and Russian investment group United Capital Partners.

EU Russia Rosneft EU sanctions RUssia Ukraine war Nayara Energy Indian refiner

Comments

Comments are closed for this article.

More Stories

Browse all stories