EnergyPre-market
Nayara Energy increases Vadinar refinery output to 90%
pre-market1 source ↓written by the desknot a recommendation
- of capacity
- 90% to 93%
- due to EU
- 70% to 80%
- a capacity
- 400,000 barrels per day
- before the sanctions
- 104%
Nayara Energy has ramped up crude processing at its Vadinar refinery to 90% to 93% of capacity, recovering from a dip to 70% to 80% due to EU sanctions. The refinery, with a capacity of 400,000 barrels per day, had previously operated at 104% before the sanctions were imposed.
This increase in output may enhance domestic fuel sales and stabilize supply chains, positively impacting market sentiment.
Not investment advice. For informational purposes only.