India Supplies Record Gasoline to Russia Amid Strikes
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- Nayara Energy's Vadinar refinery in Gujarat supplied up to 1 million barrels of gasoline to Russia over the past two months, per trade sources, with the company being 50% owned by Russian state oil company Rosneft.
- Russia's seaborne gasoline imports surged to a record ~125,000 bpd in August (projected 470,000 tonnes for the month), driven by Ukrainian drone attacks that cut domestic production by up to 70%, according to Vortexa.
- Vortexa documented 32 attacks on Russian refineries during July and August — roughly one every other day.
- All India-origin gasoline cargoes bound for Russia in August traveled on sanctioned fleets via dark ship-to-ship transfers in the Mediterranean, with vessels switching off their AIS signals, per Vortexa; 55% of Russia's August gasoline imports (~260,000 tonnes) arrived on sanctioned tonnage.
- Russia extended its full gasoline export ban through January 2027 and its diesel export ban through September 2026, even as it now imports record gasoline volumes from India, Turkey, and Morocco.
- India imported over 2.6 million bpd of Russian crude in June and July, up from a low of 1 million bpd in February and accounting for more than half of the country's crude imports.
Why it matters: Russia, one of the world's largest crude exporters, is now importing record gasoline — with up to 70% of domestic output lost to 32 refinery attacks in two months. The supply chain is circular: India takes Russian crude, refines it (partly at Nayara, half-owned by Rosneft), and ships gasoline back on sanctioned dark-fleet tankers.
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