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Tankers and Gas Sanctions Risk and Compliance

Adani Enterprises settles alleged sanctions violations for $275m

  • India-listed Adani Enterprises Limited, part of Indian billionaire Gautam Adani’s Adani Group, imported Iranian LPG disguised as Iraqi and Omani LPG, according to Ofac
  • The company’s violations were ‘egregious’ and not voluntarily self-disclosed, but it provided ‘substantial’ cooperation to Ofac
  • Relying solely on counterparty documentation with respect to cargo origin ‘may not be sufficient to mitigate’ risk of sanctions violations, Ofac says
  • $275m settlement eclipses total civil penalties announced in 2025 

  • News

Adani Enterprises Limited has agreed to pay $275m to resolve potential civil liability arising from apparent violations of US sanctions on Iran, relating to the importation of Iranian LPG

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