A network of Iranian front companies in Panama owns over 10 percent of the country’s flagged oil tankers, according to an investigation by Levant Networks, which has found a link between the shell companies and a UAE-based firm.
Tag: Petroleum
A Lebanon-registered firm facilitating Iranian petroleum shipments has acquired another oil tanker, another cog in a network the US alleges is supporting the IRGC.
A Cypriot firm owned by a Chinese national is part of the broad commercial network involved with Iran’s fleet of oil tankers, according to data reviewed by Levant Networks.
Syria’s government has awarded potentially lucrative oil sector contracts to a mysterious Lebanese shipping outfit and a politically-connected Syrian firm, both linked to the far-flung web of companies helping Iran move oil.
While Al-Akhbar did not disclose the identity of the plaintiff, Levant Networks determined that he is the son of Fadi Nasser, who was sanctioned by the US for allegedly helping move oil to Syria.