North Korean tankers stay away from Russia, two months after OFAC sanctions
Tankers that normally visit China also go quiet, indicating possible supply issue
North Korea appears to be without Russian oil supplies, over two months on from a U.S. designation targeting the country’s Moscow-based supplier, analysis of the DPRK’s tanker positions shows.
DPRK traffic at a Vladivostok oil facility came to a halt shortly before the Department of Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the Moscow-based Independent Petroleum Company (IPC) on June 2.
The Vladivostok terminal is owned by Alliance Oil, an IPC subsidiary that also appeared on OFAC’s list of sanctioned entities.
“OFAC designated the Independent Petroleum Company (IPC
- 01Arms buildup between two Koreas heightens risk of conventional and nuclear war
- 02How Switzerland could help China re-engage North Korea and the world
- 03Cigarettes over medicine? Tobacco imports to North Korea lead trade with China
- 04US Treasury’s sanctions review: What it means for North Korea policy
- 05North Korea pulls back the curtain on current and future weapon technologies
- 06What ‘economic development’ means to Kim Jong Un
- 07As China burns through coal, North Korea steps in to fill the gap
- 08After years in hiding, a North Korean ship shows its true colors
- 09New missiles and Kim Jong Un idolatry dominate ‘Self-Defense-2021’ expo
- 10Taekwondo, tourism and trade: Estonia’s ties with North Korea