China refuses to accept tankers with Russian oil after new US sanctions

https://www.pravda.com.ua/eng/news/2025/01/13/7493263/

23 comments

  1. They’re just figuring out the stencils so they can spray paint new names on before they enter port, satellite tracking be damned. Either that or there will be dozens of trips by smaller boats to offload the cargo, while they find new ways to breach the sanctions. The fact that China has been buying oil all this time shows they don’t really care.

  4. This probably has as much to do with sanctions as it does with China being pissed because Russia imposed tariffs on Chinese goods.

  6. Welcome to the fight of resources. It was going to happen one day…

  9. So now, after all this time, we’re just now implementing sanctions for this? WTF is going on?

  10. >Three tankers carrying more than 2 million barrels of Russian oil are floating in the waters off the coast of east China and cannot be unloaded after the United States imposed new sanctions on Russia’s largest oil companies on Friday, 10 January.

    >**Source:** Bloomberg

    >**Details:** The Huihai Pacific was due to arrive in Dongjiakou in Shandong province on 15 January after loading almost 770,000 barrels of ESPO crude oil from the Russian Pacific port of Kozmino earlier this month. However, it changed course over the weekend and is now parked at sea with the oil on board.

    >According to Bloomberg, this vessel, along with many others, has been subjected to the most aggressive package of measures aimed at Russian oil exports since the invasion of Ukraine in early 2022.

    >Another tanker, the Mermar, left Kozmino on 5 January with more than 755,000 barrels of ESPO on board and was due to call at the port of Yantai this week, but is now waiting off the coast.

    >The Olia left the Russian port on 7 January with almost 709,000 barrels of the same grade and was also bound for Yantai but is now in the Yellow Sea.

    >The tankers are not offloading days after Shandong Port Group Co., which operates several ports in the province, called on terminals to stop allowing sanctioned oil tankers to dock or unload cargo.

    >**Background**:

    >The US Treasury Department’s Office of Foreign Assets Control has imposed sanctions on two of Russia’s largest oil companies, Gazprom Neft and Surgutneftegas, as well as ship insurance providers Ingosstrakh and AlfaStrakhovanie.

    >According to the Financial Times, the measures include the blacklisting of 183 ships of the “shadow fleet” involved in energy exports from Russia.

  13. Well, I get the idea of no longer accepting them.
    But it might be a good idea to actually offload them – before they start leaking / sinking ? – But then where would that end – as Russia might then just send more..

    I think that China is starting to catch on, that they need to actually cooperate with the west, rather than keep on trying to undermine the west.

    There is such a thing as a happy medium.
    Really, we all need to learn to get along together, if we are to make any progress.

    Putin is not progress.. He is Anti-Progress.

  15. Russia is fucked without customers for their oil

    Is India still buying?

  17. If a Ukrainian special ops crew captured one of these tankers in international waters, is it war or piracy?

  19. China, you lost your chance to stick it to Putin while Biden was president. You probably thought Trump would lose the 2025 election and that the situation would profit you for a while.
    Putin will have a new best bud, North Korea probably got access to military support from Russia, India will be happy to buy the oil you reject and in the meantime, your economy will start to heat with Trump’s tariffs. You likely lost all your leverage and you have only yourself to blame.

  20. They probably just told them to go around to the back door.

  23. My two cents: China is as capitalistic as they come. If there is money to be made they are all for it (yes I know that it is a communist country but I think they really are a hybrid political system).

    I believe that they support Russia yet they know the futility of the whole war with Ukraine (although Trump adds a dire dimension to the whole conflict with his implict support of Russia).

    China sees the opportunity of a Russian collapse and as a “friend” of Russia can swoop in and take control of a lot of their natural resource industries—not only for their own use but as a competitor to Western firms. All in all-big bucks to be made.

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