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India warns it is being used to hide a shipment of Russian oil products to the US – Observer

Perry Shepard by Perry Shepard
August 14, 2022
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India warns it is being used to hide a shipment of Russian oil products to the US – Observer
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The United States has expressed concerns with India that the country is being used as a platform to hide the export of Russian oil-produced products to New York. These operations are to camouflage the origin of crude oil – the import of which has been banned by many Western countries, including the European Union – You will be subject to offshore transfers to disguise the origin of the product. The news is provided by Reuters which quoted a senior official of the Central Bank of India.

The US Treasury Department, the body responsible for enforcing and enforcing sanctions, warned India that an Indian ship had collected crude oil from a Russian tanker at sea and transported it to the port of Gujarat, on the west coast, where the product was. Duplicate and ship by boat.

This information was provided by the Deputy Governor of the Central Bank of India, Reserve Bank of India, Michael Batra. According to the same source, the refined product was loaded onto an oil tanker, which left for the sea without a predetermined destination. Only during navigation, the boat was informed of the port of discharge and headed for New York, which may represent a violation of US sanctions imposed on Russia after the invasion of Ukraine. The evacuated product will be a distillate used in the manufacture of single-use plastics.

The United States, along with the United Kingdom, was one of the first countries to impose a complete boycott of imports of oil and its derivatives (fuel and distillates), as well as coal and natural gas, as a sanction against Russia. India, like China, did not join Western sanctions and even increased its purchases of Russian oil for its refineries, taking advantage of the fact that it is sold at a huge discount.

The deputy governor made the remarks at an event marking the 75th anniversary of India’s independence, but there were no comments from the US embassy in the country.

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Perry Shepard

“Hardcore alcohol maven. Hipster-friendly analyst. Introvert. Devoted social media advocate.”

Perry Shepard

Perry Shepard

"Hardcore alcohol maven. Hipster-friendly analyst. Introvert. Devoted social media advocate."

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