India Nayara's refinery to resume operations from mid-May

NEW DELHI: India’s Nayara Energy is expected to resume operation by mid-May at its Vadinar refinery in western Gujarat state after a maintenance shutdown, said Sujata Sharma, a joint secretary in the federal oil ministry.

Nayara Energy, majority-owned by Russian entities including oil major Rosneft, had fully shut its 400,000-barrels per day refinery for maintenance from April 9.

Indian private refiner Nayara raises gasoline, gasoil prices

Nayara was originally scheduled to shut the refinery for a month-long maintenance last year but had to postpone the plan as European Union sanctions made it difficult to secure key items required for the turnaround.