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(Bloomberg) — A tanker loaded with oil product made by Nayara Energy Ltd. has anchored off Oman in a region known for ship-to-ship transfers, as the Indian refiner grapples with the fallout from European Union sanctions.
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The Tempest Dream dropped anchor on Wednesday near Sohar, a port city on Oman’s northern coast, according to ship-tracking data compiled by Bloomberg and Kpler. The waters off the country have been used to transfer Russia crude from one tanker to another before transport to India.
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Nayara’s petroleum exports have been in limbo since the refiner was slapped with EU sanctions last month as part of a crackdown on the Russian crude trade. Those penalties have forced management changes, a cut to processing rates and shipowners rethinking their dealings with the Indian company.
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A spokesperson for Nayara, which is partly owned by Russia’s Rosneft PJSC, didn’t respond to a request for comment.
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The Tempest Dream loaded clean petroleum product — a category that includes gasoline and diesel — and departed Nayara’s port in Vadinar on Aug. 3, according to Kpler. The ship was sanctioned by the UK in June for its role in the Russian oil trade and was previously named Unite.
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The vessel is the second to have loaded product produced by Nayara since the EU sanctions were announced. The Pacific Martina, a long-range tanker, picked up nearly 507,000 barrels, and ship-tracking data shows the vessel has been lingering in the ocean to the east of Muscat, Oman, since July 25.
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The Pacific Martina is not known to be sanctioned by any government.
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