The tweak in payment conditions comes after the European block has released its 18th package of sanctions on Friday
Nayara Energy, an Indian refinery that is the Russian Rosneft to the Russian and newly punished by the European Union, has revised payment conditions to sell a stain NAFTA charging in a tender issued on Monday, according to a document seen by Reuters.
The tweak in payment conditions comes after the European Blok released its 18th package of sanctions on Friday, including Nayara Energy. Rosneft, the largest oil producer in Russia, said on Sunday that the sanctions were unjustified and illegal.
Nayara was looking for advance or a credit letter from the potential buyer for the 33,000-35,000-with-meter Ton Naphta Cargo to load in 14 to 18 August, the document showed.
The tender will be closed on Monday with bids that are valid on the same day.
The company also issued a tender for the sale of the flight fuel sales on Friday, but it remains unclear whether it was awarded because the company wanted to change the payment conditions, said a trader who was familiar with the case. Nayara still has to spend the tender again, the source added.
Nayara did not immediately respond to an e -mail from Reuters to ask for comments.
Rosneft has a 49.13% interest in Nayara Energy and a similar interest is owned by a consortium, Kesani Enterprises Co Ltd, led by the Italian Mareterra Group and Russian investment group United Capital Partners.
Published on July 21, 2025
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