New Delhi: Caught in the crosshairs of Western sanctions, Rosneft-backed Nayara Energy has hit back at the European Union’s (EU) move to blacklist its Vadinar refinery in Gujarat, calling the action baseless, unilateral and a breach of international law.In a statement on Monday, the company said it is actively exploring all legal options and that it will counter the EU’s decision, which it claims undermines India’s sovereignty and disregards global norms.Contesting the sanctions, Nayara reiterated its deep commitment to India’s energy security and long-term growth, announcing plans to invest over ₹70,000 crore in the long term across petrochemicals, ethanol plants, marketing infrastructure expansion, among other projects.Also Read | Why did EU sanction Nayara Energy’s refinery in Gujarat? What we know so farThe company, which operates India’s second-largest single-site refinery and contributes 8% of the country’s refining capacity, emphazised that its operations fully comply with Indian laws.”We categorically state that this unilateral move by the European Union is founded on baseless assertions, representing an undue extension of authority that ignores both international law and the sovereignty of India,” the company said.Nayara Energy, which operates the 20 million tonne refinery in Vadinar, said it remains committed to India’s growth story and has invested over ₹14,000 crores since August 2017 in various projects in India, including upgrading existing refining facilities, investing in a new petrochemical plant, and other new infrastructure projects.“Nayara Energy will continue to invest over ₹70,000 crore in the long term towards petrochemicals, ethanol plants, marketing infrastructure expansion and refinery reliability including ESG projects,” the statement said. “We are equally committed to community development, with an annual CSR budget of ₹200 crore dedicated to meeting the diverse needs of the communities we serve.”Also Read | Nayara, Jio-BP sell fuel at a discount, taking market share from state-run OMCsOutlining its operations in India, Nayara said its operations are closely aligned with India’s national priorities, as it contributes around 8% to the country’s total refining capacity, 7% of India’s retail petrol pump network and about 8% of polypropylene capacity. It also employs over 55,000 direct and indirect employees across the country.”Our ongoing investments in domestic infrastructure, job creation, with continued investments in petrochemicals and retail network expansion underscores our unwavering commitment to the growing Indian market and to advancing the country’s ambition of achieving energy self-sufficiency,” Nayara Energy said.The company said since August 2017, it has contributed over ₹2.5 lakh crore in cumulative direct and indirect taxes in India.In August 2017, Rosneft closed the strategic transaction for the acquisition of 49.13% of shares of Essar Oil Ltd from Essar Energy H in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. 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