A Russian-flagged ship targeted by U.S. sanctions and suspected of carrying Iranian oil is heading to Malaysia, shipping data showed on Feb. 28, amid growing scrutiny of businesses linked to Moscow following the invasion of Ukraine.
The Linda, a crude oil tanker identified in a U.S. Treasury document detailing sanctions against Russia, was in the Indian Ocean and was expected to arrive at Sungai Linggi port on Malaysia's west coast on Sunday, according to data from ship tracking website MarineTraffic.com.
It was not immediately clear whether authorities in Malaysia plan to allow the ship to anchor. Its marine department and foreign ministry did not respond to requests for comment.
U.S. advocacy group United Against a Nuclear Iran (UANI), which monitors Iran-related tanker traffic through ship and satellite tracking, said Linda was transporting Iranian oil transferred from another ship at sea on Jan. 30.
The vessel had loaded crude oil from an Iranian port 10 days prior to conducting the transfer to Linda, UANI's chief of staff Claire Jungman told Reuters, citing satellite data.
Reuters was unable to independently verify the information.
The destination of the oil was not known but it could be transferred to another ship off Malaysian or Singapore waters, Jungman said.
According to the United States, Linda is owned by PSB Leasing, a unit of Russian lender Promsvyazbank, which has also been hit by international sanctions.
In a statement sent to Reuters, Promsvyazbank said PSB Leasing did not own Linda, adding that the vessel was redeemed by its owner in April 2021. The bank did say who the owner was.
French authorities on Saturday seized another ship, Baltic Leader, that they said was owned by PSB Leasing.
Promsvyazbank has similarly denied that its subsidiary owned the vessel.
Recommended Reading
Cibolo Energy Closes Fund Aimed at Upstream, Midstream Growth
2024-09-10 - Cibolo Energy Management LLC closed its second fund, Cibolo Energy Partners II LP, meant to boost middle market upstream and midstream companies’ growth with development capital.
ONEOK Offers $7B in Notes to Fund EnLink, Medallion Midstream Deals
2024-09-11 - ONEOK intends to use the proceeds to fund its previously announced acquisition of Global Infrastructure Partners’ interest in midstream companies EnLink and Medallion.
Chevron Moving HQ, CEO from California to Houston
2024-08-02 - Chevron Chairman and CEO Mike Wirth and Vice Chairman Mark Nelson will relocate to Houston, where much of Chevron’s other top leadership is already based.
Affiliates of Oxy to Sell Western Midstream Common Units
2024-08-13 - Western Midstream Partners announced the pricing of the underwritten secondary public offering of its common units.
Summit Midstream Sets Pricing Terms of Senior Notes Due 2026
2024-07-25 - Summit Midstream Partners said the settlement date for the validly tendered notes is expected to occur July 26.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.