EE Impact

Concept Oil Services

Hong Kong · Energy, Oil & Gas

LeaveRussia detail: Continue Operations

Still operating in Russia

Concept Oil is a dark horse among buyers of Russian oil. The trader became famous in 2011, having started deliveries of oil from Tatarstan to Germany. In 2013 and 2016, Bashneft signed oil export contracts with Concept Oil Services.

Status last verified 03/08/2026Source checked 21/03/2023Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 21/03/2023 · Reference ↗

During the covered period, Concept Oil Services Ltd. processed just over 152,000 barrels of Russian oil per day.

Status history since 2022

  1. 03/08/2026 operating · Imported from KSE LeaveRussia

Exposure profile

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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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