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Sanctions Tankers and Gas Political Risk and Trade

US sanctions shine spotlight on Iranian LPG transhipment in Sri Lanka

  • Lloyd’s List analysis indicates that the majority of LPG imports into port of Hambantota are likely Iranian origin
  • Colombo-listed Laugfs Gas set to challenge US sanctions targeting its subsidiary Slogal Energy
  • Laugfs Gas insists that Slogal ‘never knowingly’ traded in sanctioned products

  • Analysis

Colombo-listed Laugfs Gas is preparing to challenge US sanctions that accuse its subsidiary of trading Iranian LPG. An analysis of vessel arrivals to the Laugfs’ terminal in Hambantota shows nearly all arrivals over the past 24 months were shadow LPG fleet vessels suspected of carrying Iranian LPG

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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