Fossil Trading FZCO, Dubai. Fossil Trading trade in Fuel Oil, Gasoil, Gasoline, and Base Oil. We also trade in types of glycols.
Russian fuel oil from Rosneft, after being loaded onto a tanker in the Black Sea, is bought by Fossil Trading from the UAE. Subsequently, the right to fuel oil passed to Turkish companies, and the goods were unloaded at the Dortyol terminal on the Mediterranean coast. And from there to Greece.
Fossil Trading has a direct connection with "Rosneft," particularly through its ownership of Energopole SA, which was established in 2020 after Rosneft Trading came under sanctions due to trading Venezuelan oil.
| October 14, 2023 | Sechin found a way to supply Russian oil bypassing sanctions - Bloomberg |