EU-Sanctioned Nayara Energy is Ready to Receive Iraqi Oil Delivery This Week

A facility of Nayara Energy Ltd. is located near Vadinar in Gujarat, India.

In just a day or two, a supertanker is expected to deliver its cargo of Iraqi crude oil to India's port. This significant delivery is noted by shipping sources as the first batch of non-Russian oil the refinery will receive since facing sanctions from the European Union.

The gigantic oil tanker, Kalliopi, is presently en route to the Vadinar port, carrying nearly two million barrels of oil sourced from Iraq. According to shipbrokers and vessel tracking data, this consignment is specially intended for Nayara, with an anticipated arrival scheduled for late July 28th.