India reviewing oil contracts with Russia - report

India reviewing oil contracts with Russia - report
© Photo: Maria Novoselova / Vestnik Kavkaza

Indian refiners are reviewing bills of lading for Russian crude arriving after November 21 to make sure it is not coming directly from Rosneft or Lukoil, industry sources said on Thursday.

"Indian state refiners are reviewing their Russian oil trade documents to ensure no supply will be coming directly from Rosneft and Lukoil after the U.S. sanctioned the oil companies," a source said.

Earlier, U.S. President Donald Trump imposed sanctions on Russia for the first time in his second term, targeting Lukoil and Rosneft.

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