12/11/2020

Danish prosecutors charge Danish fuel company Dan-Bunkering with violating EU Syria sanctions

COPENHAGEN — Denmark’s State Prosecutor for Serious Economic and International Crime (SØIK) issued a statement on Wednesday accusing a Danish company of violating European sanctions against the Syrian regime by selling jet fuel to Russian companies, who in turn transfer it to the Syrian regime.

Dan-Bunkering, the group’s parent company Bunker Holding, and CEO Keld Demant, have all been charged.

According to the statement, Dan-Bunkering sold 172,000 tons of jet fuel to the Russian intermediary companies on 33 occasions.

The SØIK said that the fuel was transported through by intermediaries through Mediterranean waters where it was received by the Syrian regime at the port of Banias. The value of the transfers, conducted between 2015 and 2017, are estimated at roughly $102 million.