Russian oil main Rosneft-backed Nayara Energy Ltd is participating with the Indian government and commerce companions to guarantee clean transactions and maintain operational stability at its Vadinar refinery in Gujarat, which has been impacted by European Union sanctions.The firm, included in the EU’s 18th sanctions package deal on Russia over the Ukraine battle, has confronted challenges in securing delivery and banking channels because the sanctions got here into impact.“In face of unjust sanctions by European Union, our refinery is operating at a healthy run rate and we continue to supply oil and oil products across India to meet the demands of our Indian consumers,” Nayara Energy mentioned in a assertion, with out disclosing the precise run price of the 20-million-tonne-per-year facility, PTI reported. “Nayara Energy continues to place the highest priority on operational, environmental and personnel safety at its facilities and towards serving the franchisees at our retail outlets. Given our commitment to Indian consumers and India’s energy security, we are actively engaging with governmental authorities and all our partners to facilitate seamless transactions and continue to maintain operational stability.” the agency added.Last month, Nayara had termed the EU sanctions as unjust and dangerous to India’s pursuits and mentioned it was exploring authorized choices. Rosneft additionally condemned the measures, calling them unjustified, unlawful, and a direct menace to India’s vitality safety.Rosneft holds a 49.13% stake in Nayara, previously Essar Oil Ltd, whereas Kesani Enterprises Company, an funding consortium owned by Russia’s United Capital Partners and Hara Capital Sarl, holds one other 49.13%. Nayara operates over 6,750 petrol pumps throughout India.“Despite the supply chain disruptions caused due to EU sanctions, we remain committed to maintaining reliable transportation of our products via coastal, rail, and road networks to efficiently serve our customers and ensure there is no impact on Indian consumers. Our retail fuel stations continue to operate as usual while we diligently work to ensure uninterrupted fuel supplies across India,” the corporate added.