PARAMOUNT ENERGY & COMMODITIES DMCC is an "involved person" under the Russia Regulations 2019 because it is obtaining a benefit or supporting the Government of Russia by carrying on business in a sector of strategic significance to the Government of Russia, namely the Russian energy sector.
In a sweeping set of measures that also included Russia’s gold sectors, the UK said it sanctioned Paramount Energy & Commodities DMCC.
The UK government sanctioned an energy trader linked to Russian oil-trading as it seeks to tighten its measures designed to stop cash flowing to Moscow. In a sweeping set of measures that also included Russia’s gold sectors, the UK said it sanctioned Paramount Energy & Commodities DMCC.
| November 08, 2023 | PARAMOUNT ENERGY & COMMODITIES DMCC | War and sanctions |