Statements: LLC Yuzhny Flot

Canonical ID: NK-AJdA3Gt5CuYSxKVuUAfQfy · Entity type: Company (reference)

PropertyValueLangSource datasetSource IDFirst seen
LegalEntity:notesPlace of registration: St. Petersburg, Russian Federationch_seco_sanctionsch-seco-89388
LegalEntity:notesLLC Yuzhny Flot (South Fleet) is a company managed by SKF Arktika, a company belonging to the Sovcomflot group. LLC Yuzhny Flot carries out transportation of crude oil and oil products by sea, including for export purposes, by managing numerous tankers involved in such export. The energy sector, especially oil, provides substantial revenue to the Government of the Russian Federation. Therefore, LLC Yuzhny Flot is involved in an economic sector providing a substantial source of revenue to the Government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine. Various tankers managed by LLC Yuzhny Flot are part of the so-called “shadow fleet” responsible for exporting oil by circumventing the oil price cap mechanism. Therefore, LLC Yuzhny Flot is significantly frustrating the provisions of Decision 2014/512/CFSP and Regulation (EU) 833/2014. It is also associated with JSC Sovcomflot.ch_seco_sanctionsch-seco-89388
LegalEntity:notesTax Identification number: 7840102191ch_seco_sanctionsch-seco-89388
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