You're reading: Economy ministry lifts sanctions imposed on some liquefied gas importers

The Security Service of Ukraine (SBU) has lifted claims against 15 importers of liquefied gas and their contractors. The Economic Development and Trade Ministry has annulled sanctions imposed on them.

Orders Nos. 261 and 262 dated Feb. 24, 2017 were posted on the website of the ministry.

“On February 23, SBU told the ministry that primary information about infringements committed by importers and their contractors was partially proved. The implication of companies in causing damage to the interests of Ukraine was not proved. SBU proposed to the ministry to annul special sanctions imposed on 15 importers of fuel and their contractors,” the ministry said.

In particular, the sanctions will be lifted from NP-Trading, Naftoproduct-Trading, Violana-Tek, Systems Logistics Management, Gallon-Group, SVG Plus, Eurostandard Avtogaz, Nadiya, Olan, Rod-Nik, West Trading & Marketing Oil, Restimpex System, Tarone Trade, Ameralda Trading Limited and Danier Holdings.

As reported, the sanctions were imposed basing on SBU information that importers accumulated funds on offshore accounts and partially used them to finance separatists in Donetsk and Luhansk regions.