Asia Fuel

ifmat - Asia Fuel

Asia Fuel arranged to pay storage fees on behalf of Triliance to house petroleum products in a Malaysia-based floating storage vessel

Country:

Singapore  

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
Since late 2021, Singapore-based Asia Fuel PTE. Ltd. (Asia Fuel) has facilitated the shipment of petroleum products worth millions of dollars to customers in East Asia. Asia Fuel also arranged to pay storage fees on behalf of Triliance to house petroleum products in a Malaysia-based floating storage vessel.

OFAC is designating Asia Fuel PTE. Ltd. pursuant to E.O. 13846 for, on or after November 5, 2018, having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Triliance, a person included on the SDN List whose property and interests in property are blocked pursuant to section 1(a) of E.O. 13846.

Also Known As:
Asia Fuel PTE. Ltd.

Involved In:
Oil Industry

Established:
30 Jan 2020

Country:
Singapore

Address:
Far East Finance Building, 14 Robinson Road #08-0lA 48545, Singapore, Singapore

Website:
asiafuel.net

Website:
contact@asiafuel.net

Business Registration Number:
202003540C (Singapore)

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on February 9, 2023 pursuant to Executive Order 13846 for, on or after November 5, 2018, having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Triliance, a person included on the SDN List whose property and interests in property are blocked pursuant to section 1(a) of E.O. 13846;