Dan-Bunkering has closed its office in Russia as a reaction to the Ukraine war. The office was behind the trades in a case, in which Dan-Bunkering was convicted for violation of EU sanctions.
Bunker Holding is the world’s leading supplier of ship fuel. In December 2021, the company was convicted for violation of sanctions due to supply of fuel for use in the war in Syria from 2015-2017. The trades occurred via the company’s Russian office. | Photo: PR / Dan-Bunkering
Danish oil trade firm Dan-Bunkering has closed its notorious office in Russian province Kaliningrad.
The office was in charge of the trades in a much-discussed court case, which ended with a conviction of Dan-Bunkering for violation of EU sanctions due to supply of fuel to the war in Syria.
This week, the office – which counted three Russian oil traders – shut down.
The closure is a consequence of Dan-Bunkering’s decision to stop trading with oil and customers in Russia due to the war in Ukraine.
”As a consequence of the halt of collaboration with Russian parties, Dan-Bunkering’s office in Kaliningrad has closed as of the fiscal year’s end, April 30, 2022. Due to the decision to halt all trading with Russian parties, we can also deny that Dan-Bunkering loads Russian fuel or other products in Russian ports,” reads a written reply to Danish media Finans.
Dan-Bunkering is part of Danish group Bunker Holding. The group is owned by business man Torben Østergaard-Nielsen and his two daughters. It’s the world’s leading supplier of ship fuel.
In December 2021, Dan-Bunkering, Bunker Holding and the group’s CEO, Keld R. Demant, were convicted for violation of the EU’s sanctions against delivery of aviation fuel for use in Syria during the civil war from 2015 to 2017.
In total, Dan-Bunkering supplied 172,000 tonnes of aviation fuel for two companies, which procured on behalf of the Russian military. This occurred at a time, when the Russians dropped bombs for Syria’s president Bashar Al-Assad, resulting in severe civilian casualties.
