Western powers press India, China to halt Russian oil purchases with new measures

Nayara, controlled by Russia’s Rosneft, has already been sanctioned by the European Union and is scrambling to sustain operations.

Yulong Petrochemical, a joint venture between private aluminium smelter Nanshan Group and provincial government-backed Shandong Energy Group, is China’s newest refiner. It has a processing capacity of 400,000 barrels per day and is a top buyer of Russian oil, according to traders.

Nayara, Yulong Petrochemical, Rosneft, and Lukoil did not respond to requests for comment.

China’s foreign ministry said on Thursday that it opposes unilateral sanctions without a basis in international law or authorisation by the UN Security Council, is deeply dissatisfied with Britain’s move, and has lodged a stern protest.