Last Updated: January 19, 2026
COVART ENERGY LIMITED
Nationality
Hong Kong
Address
5/F, Lee Garden Three, 1 Sunning Road, Causeway Bay, Hong Kong, China; Ofis 417, Ul. Maksima Gorkogo 276, Rostov-na-Donu, 344019, Russia
Reg. ID
2890985, Registration Number; IMO 6357849, Identification Number
Official reason
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 (IMO 9777670). Bellatrix, Covart, and Voliton were desig...
Other Information
https://home.treasury.gov/news/press-releases/jy2008
Date of listing
2023-12-20
Program information
Authority
US
Program
Executive Order 14024 of April 15, 2021 Blocking Property With Respect To Specified Harmful Foreign Activities of the Government of the Russian Federation
Regime
OFAC country specific
Target State
Russia
Measures
Blocking Property, Suspending Entry, Trade sanctions
Sanctions Portfolio
• https://ofac.treasury.gov/faqs/1127 • https://ofac.treasury.gov/faqs/1029
Official Information
In response to the Russian Federation’s continued use of its military-industrial base to support its aggression against Ukraine, the President has issued an Executive Order (E.O.) amending E.O. 14024 that provides the Office of Foreign Assets Control (OFAC) with new authorities to target foreign financial institutions for engaging in certain transa...
Additional Details
SDN / NS-MBS / CAPTA
Program URL
1.https://www.federalregister.gov/documents/2021/04/19/2021-08098/blocking-property-with-respect-to-specified-harmful-foreign-activities-of-the-government-of-the 2.https://ofac.treasury.gov/media/932436/download?inline