EE Impact

Covart Energy Limited

China · Energy, Oil & Gas, Logistics & Transport

LeaveRussia detail: Continue Operations

Still operating in Russia

Covart Energy LTD specializes in the supply of petroleum products by sea and railway transport, the geography of its business covers various areas.

Status last verified 03/08/2026Source checked 22/12/2023Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 20/12/2023 · Reference ↗

The company is included in the sanction list of the US Treasury. Hong Kong-based Covart Energy Limited (Covart) has sharply increased its share of the trade of Russian oil since the price cap policy was implemented. Since May 2023, vessels chartered by Covart have made at least 23 port calls in Russia. Covart also owns a Russia-flagged vessel, the Sanar 15.

Status history since 2022

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

Possible sanctions matches

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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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