Tankers carrying 10 million barrels of Russian oil are blocked off the coast of South Korea

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More than 10 million barrels of Russian crude oil were effectively blocked off the coast of South Korea due to US sanctions, traders told Reuters on Friday. This statement is supported by shipping data. The situation is described by the OilPrice resource.

A huge volume of Sokol raw materials, transported by 14 tankers, was shipped from the Sakhalin-1 project. At the moment, the cargo remains unsold due to Western sanctions. The flotilla stuck at sea contains a total volume of oil that corresponds to approximately 45 days of production at Sakhalin-1 with an average productivity of 220 thousand barrels per day.



Vessels, including three supertankers carrying Russian crude oil, have been stuck near the port of Yeosu in South Korea for weeks after the United States imposed sanctions on several ships and companies carrying Sokol crude. Point restriction nevertheless proved to be very effective and efficient.

Reuters sources, citing data provided by Kpler and LSEG, indicate that all three supertankers, containing 3,2 million barrels, have so far been converted to active floating storage status. Considering that global logistics is experiencing a shortage of tanker fleets and a strong increase in freight rates, such a delay in unloading transport capacity only aggravates the overall situation.

OilPrice found that at least a third of the blocked Sokol crude was destined for Indian Oil Corp. Delivery delays caused by sanctions as well as payment problems have forced Indian Oil Corp to look elsewhere for oil, mainly from its own storage facilities and the Middle East. Now the cargo remains unclaimed, but cannot even move back.

According to Reuters, the owner is trying to find a new buyer who is not afraid of sanctions and is located nearby so as not to increase costs.
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28 comments
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  1. +7
    27 January 2024 07: 32
    They will sell. But at half price. To the Chinese.
  2. +1
    27 January 2024 07: 37
    ...or India for rupees.
    1. +2
      27 January 2024 08: 34
      It’s unlikely that the Indians will buy it anyway - from non-sanctioned ships. But still for rupees. You yourself wanted payment in national currency - you will get it.
      1. +2
        27 January 2024 09: 41
        You pass off fiction as a forecast.
        The Russian Federation sells oil at small discounts, and there are enough buyers. And this story is simply a delay in the context of a large flow of sales from Russia above the “ceiling”.
    2. 0
      27 January 2024 22: 42
      India, even at half price, but only for yuan
      1. The comment was deleted.
  3. +10
    27 January 2024 08: 37
    How about supplying North Korea with a range of anti-ship missiles? Let them also start sinking unwanted tankers
    1. +1
      27 January 2024 18: 27
      And it’s true, it seems that in the end, Western missiles in Ukraine will set the brains of some people and our missiles will appear in Yemen
    2. -5
      27 January 2024 21: 59
      How about supplying North Korea with a range of anti-ship missiles? Let them also start sinking unwanted tankers

      That, the ravings of some, not particularly respected ones, starting with the letter “M” give no rest.
      And it feels like the whole world is about to go up in flames, so be careful with your wishes.
      1. +3
        28 January 2024 02: 47
        Tell this to the Americans and Europeans...they have such wishes in a carriage and a small cart.
  4. +6
    27 January 2024 09: 44
    It’s not for nothing that the money stopped flowing from the amers, the national debt soared, and the interest rate jumped.
    The more countries move away from the dollar, the better.
  5. The comment was deleted.
  6. +5
    27 January 2024 10: 27
    Load all the tankers and do not unload until the sanctions are lifted.. Bread does not follow the belly.. Tanker transportation is a cabinet with crystal dishes. They must be dropped. They shouldn't have started this. Oil burns well in refineries and in tankers and terminals.
  7. +1
    27 January 2024 10: 35
    Dealing with India, which is a military ally of the United States, will continue to be costly. Its sovereignty is always temporary and momentary. With the expectation of a future big discount. As happened with oil. They refused something, they refused to pay for something. India is a good indicator that today, and most likely tomorrow, BRICS is a complete fiction. Rather, it is an American plan called “Empty Hopes”. More than half of members believe that sovereignty means following orders from the US and the West.
    1. +4
      27 January 2024 11: 01
      BRICS are those who do not want to “follow the instructions of the US and the West.” Moscow was not built in a day .
  8. +5
    27 January 2024 10: 58
    It depends on whose oil it is under the contract. Sakhalin-1 is 30% Japanese, a fifth Indian, a fifth Sakhalin itself with Rosneft, and 30% the former part of Exxon at the stage of transfer to Russia after 24.02.22/XNUMX/XNUMX. Here are the schedules. Now Sechin is looking for a buyer, we wish him good luck, this is money for Russia.
    1. 0
      27 January 2024 19: 49
      Should I wish Sechin good luck? Is this money for Russia?
      Don't you, madam, confuse smelly with shiny?
      1. 0
        27 January 2024 22: 58
        Who really owns Rosneft?
        October 29 2019
        https://dzen.ru/a/Xbfaj9eFmwCt3FBx

        50% - Rosneftegaz (entirely state-owned company).
        40% of profits go abroad.
    2. 0
      28 January 2024 08: 13
      Sechin famously sold poisonous assets to the Russian government in Venezuela. And the income was immediately classified. Now it’s possible that he’ll throw something else at the state’s neck.
  9. +10
    27 January 2024 13: 49
    If the Russian Federation responded to blocking and sanctions adequately and harshly, especially in relation to the United States, then everything would have been resolved long ago..., otherwise Peskov comes out with bulging eyes and in a whisper tries to mumble something unintelligible... They are simply and cynically mocking us and they humiliate us, and all and sundry, and for some reason they know that we are unlikely to answer, and that’s why they continue to rage.
    1. +3
      27 January 2024 13: 59
      Quote from KLN
      If the Russian Federation responded to blocking and sanctions adequately and harshly, especially in relation to the United States, then everything would have been resolved long ago..., otherwise Peskov comes out with bulging eyes and in a whisper tries to mumble something unintelligible... They are simply and cynically mocking us and they humiliate us, and all and sundry, and for some reason they know that we are unlikely to answer, and that’s why they continue to rage.

      yes, unfortunately you are right, there is no one to answer there, as they say they only have fingers like a fan and snot bubbles, but in fact they are empty talkers
      1. -3
        27 January 2024 19: 54
        It’s okay, we’ll still have some fun!
        Putin and Peskov will order to raise the cruiser "Moscow" from the bottom of the Black Sea, and it will rescue our tankers, sinking a couple of US aircraft carriers along the way...
        1. -1
          28 January 2024 17: 53
          No, Putin and Peskov will order the transfer of tactical nuclear weapons to the military forces and wait for targets to be destroyed in central and western Ukraine.
      2. +2
        27 January 2024 22: 44
        As the President said

        the blizzard is driving
    2. +3
      28 January 2024 08: 18
      If at the beginning they had cut off the supply of oil and gas to Europe, everything would have been quickly decided. But “the great strategist and builder of many things” decided not to deprive his friends of profit. And there are many soldiers in Rus'. Not enough Shoigu said that there are 20 thousand volunteers in Syria
  10. +3
    27 January 2024 14: 02
    What were they doing there with the henchmen of the Americans?! Couldn't you think ahead?
  11. 0
    27 January 2024 18: 41
    What does Korea and the Indian company have to do with it????
  12. +4
    27 January 2024 19: 12
    Who detained him? - and why didn’t they hang him?
  13. +1
    29 January 2024 07: 14
    Shareholders of PJSC NK Rosneft (MOEX:ROSN) approved dividend payments for the nine months of 2023 in the amount of RUB 30,77. per one ordinary share. The register for receiving dividends will be closed on January 11, 2024, the company said in a statement. The total amount of payments will be 326,1 billion rubles.

    Of these, almost 20% will go to British Petroleum. Question: why hasn’t this share been squeezed out yet?
    1. 0
      29 January 2024 18: 04
      Because DB...