Ukraine Identifies Tankers It Says Are In Russia’s Shadow Oil Fleet

Ukraine identified 238 tankers it said beryllium to a protector fleet of ships that Russia is utilizing to support its lipid and fuels moving astir nan world — pinch a position to occidental authorities sanctioning nan carriers.

The Military Intelligence Directorate of nan Ministry of Defense of Ukraine said nan list, published connected its website, specifications an armada built up by Russia astatine a costs of astir $10 billion. That “consists of complete a 1000 mostly outdated, poorly maintained vessels without due insurance, pinch ‘confused’ ownership and guidance structures, located successful ‘friendly’ jurisdictions, nether ‘convenient’ flags,” it said.

“We activity connected sanctions against nan Russian protector fleet,” Ukrainian President Volodymyr Zelenskiy said. “This should beryllium supported astatine nan level of nan full European Union. It is nan tanker fleet that provides Putin pinch nan largest portion of nan income for nan warfare against Ukraine.”

Kyiv has identified this protector fleet arsenic having a full deadweight of complete 100 cardinal tons, astir 17% of nan world’s lipid tanker fleet. It has included a number of vessels that it says person been switched from nan “Iranian shade armada” to transportation Russian oil.

It’s difficult to gauge if nan database would person immoderate power connected occidental sanctioning authorities, who’ve already targeted ample numbers of protector fleet tankers. The outgoing Biden management is mulling a widening of measures against Russia’s protector fleet and perchance moreover targeting immoderate of nan nation’s lipid exports, Bloomberg reported this week.

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• Aon and EBRD Launch €110M Facility to Provide Cover for War-Related Risks successful Ukraine

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Topics Energy Oil Gas Russia