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After a two-month break: India resumes purchases of russian oil - Reuters

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India, which suspended purchases of russian oil two months ago, has started importing oil from russia again. This was reported by Reuters. reports UNN.

Details

According to the newspaper's sources, the Indian company Hindustan Petroleum Corp (HPCL.NS) has bought Sokol oil from a trader. The country is likely to pay for the oil in UAE dirhams.

Під санкції США потрапили компанії з ОАЕ та Ліберії, які перевозили російську нафту 01.12.23, 21:52

Previously , the Seagull, carrying about 95,000 tons of russian oil, unloaded in the Indian port of Mumbai in the west of the country on February 13

Also at this location , Sokil oil was purchased by the private Indian oil refiner Nayara Energy.

Addendum

The newspaper says that russia has agreed to  sell the Sokol oil through trading firms to reduce its excess floating reserves in the Pacific Ocean. This will help russia get stable payments.

It is noted that Sokol oil is exported by Sakhalin-1 LLC, a subsidiary of the russian oil giant Rosneft, which is also the seller of the grade.

Recall

The US Treasury Department imposed new sanctions on imports of russian oil and diamonds, as well as three companies from the UAE and Liberia for violating price restrictions on russian oil.

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