OREANDA-NEWS  Only one of the 14 tankers that are allegedly idle off the coast of South Korea is in South Korean ports, awaiting a solution to difficulties with the sale of Russian oil to India, official data show.

Earlier, Reuters, citing data from the London Stock Exchange Group and Kepler, claimed that 14 tankers with 10 million barrels of Russian oil have been parked off the coast of South Korea for several weeks. The vessels, according to the publication, transported Sokol oil from the Sakhalin-1 project, the raw materials have allegedly not yet been sold due to American sanctions, as well as problems with payment. In this regard, the Indian Oil Corporation (Indian Oil), which bought Russian oil, was forced, according to Reuters, to use its reserves and buy more oil in the Middle East. A source close to the company said that it does not expect oil supplies from Sakhalin-1 in the near future due to disagreements over the payment currency.