Sanctioned Tanker Giant’s Passage to India Is Test Case for Oil
- Sovcomflot-owned Vladimir Tikhonov is en route to Paradip port
- Refiners had said they would stop accepting company’s ships
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A vessel owned by sanctioned Russian tanker giant PJSC Sovcomflot is heading to India, a signal that flows using the state-owned company’s fleet to the key Asian market may be resuming after a pause.
Loaded with Urals crude, the Vladimir Tikhonov is en route to Paradip, where the nation’s biggest state-owned processor, Indian Oil Corp., has a refinery, according to ship-tracking data compiled by Bloomberg. The ship is expected to arrive on April 29, and if it discharges, it would be the first Sovcomflot vessel in India since early this month.