Italian oil giant Eni rejected a cargo of crude that bore the hallmarks of Iranian oil

On 19 June, the Wall Street Journal reported that the  cargo, which was intended for the Milazzo refinery in Sicily, remains on board a Liberia-flagged vessel named White Moon, after Eni said the specifications didn’t match those of its contract for Iraqi oil.  The ship’s documents show that the cargo, which Eni bought from the trading arm of Nigeria’s Oando PLC, was Iraqi.

https://www.wsj.com/articles/suspected-iranian-oil-caught-in-sanctions-trap-11560966215

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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