New Delhi: Nayara Energy on Monday said it is exploring legal options to protect its “operations, employees & stakeholders” from European Union’s “unjust and unilateral” restrictions & assured customers against any supply disruption from the firm’s refinery in Gujarat, reports Sanjay Dutta.
“We have taken comprehensive measures to guarantee seamless continuity and stability across all business verticals,” the company said.
Describing itself as an Indian entity, the company said the sanctions have no legal basis and it operates in compliance with Indian laws and regulations. “We are deeply committed to supporting the nation’s energy security and fostering economic growth,” it said. The company called out EU for double-standards, saying, “while many European countries continue to import Russian energy through various sources, they take a moral high ground by chastising and sanctioning an Indian asset for processing Russian crude largely used by its domestic population of 1.4 billion Indians and businesses”.>
