0%

Oil supertanker heading to Syria detained in Gibraltar

Khabarhub

July 4, 2019

3 MIN READ

Oil supertanker heading to Syria detained in Gibraltar

Image-Reuters

LONDON: Gibraltar  had detained the supertanker Grace 1 on suspicion of carrying crude oil to Syria on Thursday. It is the first such interception of Syria-bound oil-tanker falling under EU sanctions. Refinitiv Eikon mapping indicates the Grace 1 loaded Iranian crude oil on April 17 and the attempted delivery to Syria could also be a violation of U.S. sanctions on Iranian oil exports.

European Union sanctions against the government of Syria took effect in May 2011, shortly after the start of President Bashar al-Assad’s bloody crackdown on pro-democracy demonstrators that mushroomed into a protracted civil war. Iran, a close ally of Assad, is also under a U.S. sanctions regime meant to bar all international sales of Iranian oil, imposed after President Donald Trump withdrew Washington last year from world powers’ 2015 nuclear deal with Tehran.

In a statement, the Gibraltar government said it had reasonable grounds to believe that the Grace 1 was carrying its shipment of crude oil to the Banyas refinery in Syria. “That refinery is the property of an entity that is subject to European Union sanctions against Syria,” Gibraltar Chief Minister Fabian Picardo said. “With my consent, our port and law enforcement agencies sought the assistance of the Royal Marines in carrying out this operation.”

Government-controlled areas of Syria suffered acute fuel shortages earlier this year resulting from what Assad described as an economic siege. In May, Syria received its first foreign oil supplies for six months with the arrival of two shipments including one from Iran, a source familiar with the shipment said at the time.

The Gibraltar government published regulations on Wednesday to enforce the sanctions against the tanker and its cargo. A British Foreign Office spokesman said: “We welcome this firm action by the Gibraltarian authorities, acting to enforce the EU Syria Sanctions regime.” (Agencies)

0