Avoiding Russian Oil Sanctions, Indian Refiners Buy 4 Million Barrels from Guyana

Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--With the introduction of U.S. sanctions on Russia's top oil exporters, Rosneft PJSC (Moscow) and Lukoil PJSC (Moscow), many nations are scrambling to find other suppliers. India, as a major world importer, is going to great lengths, literally, to do that.The journey for two very large crude carriers (VLCCs), Cobal Nova and Olympic Lion, will be 11,000 miles, from Guyana's Stabroek block to refineries in India. They left i