{"id":16105,"date":"2025-11-19T09:23:17","date_gmt":"2025-11-19T09:23:17","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=16105"},"modified":"2025-11-19T09:23:17","modified_gmt":"2025-11-19T09:23:17","slug":"russian-oil-cargoes-race-to-india-as-sanctions-deadline-nears","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/16105\/","title":{"rendered":"Russian oil cargoes race to India as sanctions deadline nears"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0Millions of barrels of Russian crude are en route to India. Tankers from Rosneft and Lukoil are nearing India’s shores. US sanctions against these Russian suppliers begin this Friday. This creates uncertainty for the crude’s smooth discharge. Major Indian refiners are stopping deliveries. Some companies may seek exemptions. Shipments could face delays or diversions.<\/p>\n

The clock is ticking for India-bound tankers carrying millions of barrels of crude from blacklisted Russian suppliers Rosneft PJSC and Lukoil PJSC, with a wind-down period for US sanctions set to end this Friday.

At least 7.7 million barrels of Russia\u2019s flagship Urals crude linked to the two sanctioned producers are set to reach India\u2019s shores after the US restrictions take effect on Nov. 21, according to data from Kpler Ltd. That raises questions on whether the crude will be able to discharge smoothly, given the deadline.

The data showed most of the tankers are heading either to Reliance Industries Ltd.\u2019s Jamnagar refinery or Rosneft-linked Nayara Energy Ltd.\u2019s Vadinar port. Delivery dates range from the end of November and into December. Destinations can change during a ship\u2019s voyage.

Oil traders are keeping close tabs on shipments of sanctioned Russian oil to major buyer India to gauge its near-term demand for alternatives. New Delhi has been under pressure from Washington, which says the purchases help fund Moscow\u2019s war in Ukraine.<\/p>\n

Five of India\u2019s seven refiners, including Reliance, had earlier said they would completely stop taking delivery of Russian crude after Nov. 21. State-run Indian Oil Corp. will continue buying non-sanctioned grades, while Nayara \u2014 which relies entirely on Russian supplies \u2014 is still lifting cargoes.

Meanwhile, it remains unclear if Indian companies have sought any exemptions from the US to continue buying some crude parcels from Rosneft or Lukoil after the Friday deadline. Earlier in November, Hungary won an exemption on procurement of Russian oil and gas and the US has also extended a waiver for some Lukoil transactions.

Starting Friday, four of Russia\u2019s top producers \u2014 accounting for as much as 80% of the country\u2019s exports to India \u2014 would be under sanction, leaving counterparties at risk of secondary sanctions.<\/p>\n

Should the ships fail to arrive by Nov. 21, they could idle off India\u2019s shores while they consider their next moves, which can include ship-to-ship transfers to other tankers and diversions to new destinations such as the waters off Malaysia or even further to China.
Below is a table of the India-bound vessels laden with Urals:

<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Vessel Name<\/strong><\/th>\nEst. Arrival Date<\/strong><\/th>\n<\/tr>\n
Shusha<\/td>\nDec. 6<\/td>\n<\/tr>\n
Furia<\/td>\nNov. 30<\/td>\n<\/tr>\n
New Friendship<\/td>\nNov. 29<\/td>\n<\/tr>\n
Qendil<\/td>\nNov. 29<\/td>\n<\/tr>\n
Olympic Future<\/td>\nNov. 27<\/td>\n<\/tr>\n
Spirit 2<\/td>\nNov. 26<\/td>\n<\/tr>\n
Captain A. Stellatos<\/td>\nNov. 24<\/td>\n<\/tr>\n
Vokki<\/td>\nNov. 24<\/td>\n<\/tr>\n
Ionian Sailor<\/td>\nNov. 24<\/td>\n<\/tr>\n
Dove<\/td>\nNov. 23<\/td>\n<\/tr>\n
Jasmin Joy<\/td>\nNov. 19

<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
Updated on