EE Impact

Litasco

Switzerland · Energy, Oil & Gas

LeaveRussia detail: Continue Operations

Still operating in Russia

LITASCO SA is a Swiss Limited international marketing and trading company, operating refineries and retail network in Europe.

Status last verified 03/08/2026Source checked 01/05/2026Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 31/05/2022 · Reference ↗

Owns ISAB that buys Russian oil. Russia's Lukoil has purchased 25 old tankers for its "shadow fleet" through a 74-year-old British accountant. All purchases were financed by Dubai-based Eiger Shipping DMCC, which is owned by Litasco Middle East DMCC, the Middle East subsidiary of Litasco, Lukoil's oil trading division. Eiger provided the money in advance, chartering the vessels in advance, which were being prepared for purchase.

Status history since 2022

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

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