New Delhi: Nayara Energy has moved the Delhi HC against Microsoft for “unilaterally” blocking system access and its own data, a move the Rosneft-backed company described as a “dangerous corporate overreach…with serious implication for India’s energy ecosystem”. Microsoft’s move appears to have been prompted by its interpretation of the latest European Union (EU) sanctions on Nayara’s refinery in Gujarat as part of the grouping’s larger aim of throttling Russian oil exports with the aim of weakening Moscow’s war machine.
The refinery, with an annual capacity of processing 20 million tonnes of oil, is among the major buyers of Russian crude in India. The company accounts for 8% of India’s total refining capacity, 7% of fuel retail network with 6,750 petrol pumps, and is on way to garnering 8% of polypropylene capacity.
