{"id":626542,"date":"2024-01-05T10:26:34","date_gmt":"2024-01-05T04:56:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=626542"},"modified":"2024-01-05T11:31:42","modified_gmt":"2024-01-05T06:01:42","slug":"crude-oil-imports-from-russia-may-bounce-back-in-january","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crude-oil-imports-from-russia-may-bounce-back-in-january\/","title":{"rendered":"Crude oil imports from Russia may bounce back in January"},"content":{"rendered":"<p>India\u2019s import of Sokol crude from Russia, which ran into problems owing to Western sanctions and payment issues between Indian Oil and Russia\u2019s Sakhalin-1 LLC last month, is likely to be resolved soon, letting the country\u2019s import share from Russia bounce back to its earlier levels. <\/p>\n<p>\u201cLooking into January-February 2024, India\u2019s imports will most probably recover from the trough of December and move back to 1.4-1.5 Mbd (million barrel a day),\u201d said Viktor Katona, lead crude analysts at Kpler. \u201cThe Sokol cargoes weren\u2019t re-routed because Indian refiners didn\u2019t want them, rather because they couldn\u2019t find a suitable solution to pay for them,\u201d he said, while adding that the roadblock is expected to be cleared shortly and Sokol will be flowing to India again.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s import of Sokol crude from Russia, which ran into problems owing to Western sanctions and payment issues between Indian Oil and Russia\u2019s Sakhalin-1 LLC last month, is likely to be resolved soon, letting the country\u2019s import share from Russia bounce back to its earlier levels. \u201cLooking into January-February 2024, India\u2019s imports will most probably recover from the trough of December and move back to 1.4-1.5 Mbd (million barrel a day),\u201d said Viktor Katona, lead crude analysts at Kpler. \u201cThe Sokol cargoes weren\u2019t re-routed because Indian refiners didn\u2019t want them, rather because they couldn\u2019t find a suitable solution to pay [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-626542","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/626542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=626542"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/626542\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=626542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=626542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=626542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}