India gets first Iranian oil in 7 years, ship tracking data shows

NEW DELHI: Two very ​large crude carriers ​loaded with Iranian oil have reached ​Indian ports, ship tracking data from LSEG shows, as local refiners utilise a temporary waiver (nL1N408181) granted by ‌the United ⁠States ⁠last month to resume purchases from Tehran for the ​first time in seven years.

The current waiver is due ​to expire on April 19.

Also read: Iran oil ships dock at key Indian ports even as Trump threatens blockade


The Iran-flagged Felicity has reached Sikka Port in western India, while the Curacao-flagged Jaya is at ⁠the eastern ‌port of Odisha, the data shows.

A VLCC ​carries 2 million barrels of oil.

India, ⁠the world's third-biggest oil importer and consumer, ​has not received a cargo from ​Iran since May 2019 after coming under U.S. pressure not to buy the country's crude.

Indian Oil Corp (nL4N40R0I6), the country's top refiner, has bought Iranian oil loaded on ‌the Jaya, a vessel under U.S. sanctions, Reuters reported last week.

India (nL1N40T0H2) has ​also allowed ​Reliance Industries ⁠Ltd, the operator of the world's biggest refining complex, to buy Iranian oil loaded on the Comoros-flagged ​aframax Kaviz, Curacao-flagged VLCC Lenore and Iran-flagged nL1N40T0H2 VLCCs Felicity and Hedy, all of which are more than 20 years old and are also under U.S. sanctions.