Indian oil resumes purchasing Russian crude on sovcomflot ships
The Business Guardian|May 03, 2024
Indian Oil Corp, has resumed the purchase of Russian crude oil transported by a Sovcomflot PJSC tanker this week, signaling a potential restoration of oil trade between the two countries.
Indian oil resumes purchasing Russian crude on sovcomflot ships

This move follows disruptions caused by tightened US sanctions. The Suezmax tanker Vladimir Tikhonov unloaded approximately 1 million barrels of Russian Urals crude at Paradip port on Thursday, according to Bloomberg ship-tracking data. This marks the first delivery of crude by a tanker owned by the Russian state tanker giant since another smaller vessel, SCF Baltica, discharged fuel oil last week in Sikka, Gujarat.

Indian Oil didn’t reply to an email seeking comment.

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