
New Delhi: ONGC Videsh’s $350 million dividend from Vankor field remains stuck in Russia due to banking curbs as a result of Western sanctions on Moscow, even as ONGC chairman Arun Kumar Singh said the group’s refineries will continue to buy Russian oil. OVL MD Rajarshi Gupta expected a resolution of the ‘blockage’, which has prevented the company from repatriating $600 million Sakhalin-I ‘abandonment fund.’