Council Implementing Regulation (EU) 2025/2588 of 15 December 2025 implementing Regulation (EU) No 269/2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine

• CELEX: Implementing Regulation (EU) 2025/2588
• Articles: 3

Article 1

Annex I to Regulation (EU) No 269/2014 is amended in accordance with the Annex to this Regulation.

Article 2

This Regulation shall enter into force on the date of its publication in the Official Journal of the European Union .

Schedules & Appendices

ANNEX

ANNEX

The following persons and entities are added to the list of natural and legal persons, entities and bodies set out in Annex I to Regulation (EU) No 269/2014:

Persons

Name

Identifying information

Reasons

Date of listing

‘1981.

Murtaza Ali LAKHANI

Function: Businessperson

DOB: March 1962

POB: Pakistan

Nationality: Pakistani; Canadian

Gender: male

Murtaza Lakhani is a businessperson with interests in the oil sector. Through his companies, he enables shipments and export of Russian oil, notably from the Russian state-owned oil company Rosneft. In particular, Murtaza Lakhani controls vessels transporting crude oil or petroleum products, originating in Russia or being exported from Russia, while practicing irregular and high-risk shipping practices. Such practices include not maintaining adequate liability insurance, carrying out unsafe operations, intentionally taking measures to avoid ship detection, such as switching off Automatic Identification Systems, or not operating under a transparent corporate governance policy. Furthermore, the energy sector, in particular the oil sector, is a sector providing a substantial source of revenue to the Russian Government.

Therefore, Murtaza Lakhani is involved in an economic sector providing a substantial source of revenue to the Government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine. He is also controlling vessels that transport crude oil or petroleum products, originating in Russia or exported from Russia, while practicing irregular and high-risk shipping practices as set out in the International Maritime Organisation General Assembly resolution A.1192(33).

15.12.2025

1982.

Valery KILDIYAROV

Function: Manager of Alghaf Marine DMCC; finance director of Litasco Middle East DMCC

Gender: male

Valery Kildiyarov is a manager of Alghaf Marine DMCC, and the finance director of Litasco Middle East DMCC. Both companies supply significant volumes of Russian crude oil. The energy sector, in particular the oil sector, is a sector providing a substantial source of revenue to the Russian Government.

Therefore, Valery Kildiyarov is involved in an economic sector providing a substantial source of revenue to the Government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine. Additionally, Valery Kildiyarov is associated with Litasco Middle East DMCC.

15.12.2025

1983.

Anar MADATLI

Function: Shareholder in and Director of 2Rivers Group

Anar Madatli is a shareholder in and director of 2Rivers Group, a UAE based oil-trading company previously known as “Coral Energy”. Since 2024, the company’s shares have been held by three company managers – Talat Safarov, Ahmed Kerimov and Anar Madatli. 2Rivers Group enables shipments and exports of Russian oil, notably from the Russian state owned oil-company Rosneft, by concealing the actual origin of the oil. In particular, 2Rivers Group controls a large proportion of the vessels in Russia’s so-called “shadow fleet”. Regardless of its change in name and ownership, 2Rivers Group continues to operate the same network as Coral Energy, which includes associated entities such as Nord Axis and Bellatrix, as demonstrated by the connection between the previous owners and the new management. Furthermore, the energy sector, in particular the oil sector, is a sector providing substantial revenue to the Russian Government.

Therefore, Anar Madatli is involved in an economic sector providing a substantial source of revenue to the Government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine.

15.12.2025

1984.

Talat SAFAROV

Function: Shareholder in and CEO of 2Rivers Group

Nationality: Azerbaijani

Gender: male

Address: 301 JBC 4, Jumeriah Lake Towers Dubai, UAE; 336 Smith Street #04-304, New Bridge Centre Singapore 050336; 409 Platinum Tower, Jumeirah Lake Towers, Dubai United Arab Emirates

Associated individuals: Ahmed KERIMOV; Anar MADATLI

Associated entities: 2Rivers PTE LTD; 2Rivers DMCC

E-mail: [email protected]

Talat Safarov is a shareholder and holds a management position (CEO) in 2Rivers Group, a UAE-based oil-trading group, previously known as “Coral Energy”, which enables shipments and exports of Russian oil, notably from the Russian state owned oil-company Rosneft, by concealing the actual origin of the oil. Since 2024, the company’s shares have been held by three company managers (Talat Safarov, Ahmed Kerimov and Anar Madatli). In particular, 2Rivers Group controls a large proportion of the vessels in Russia’s so-called “shadow fleet”. Regardless of its change in name and ownership, 2Rivers Group continues to operate the same network as Coral Energy, which includes associated entities such as Nord Axis and Bellatrix, as demonstrated by the connection between the previous owner and the new management. Furthermore, the energy sector, in particular the oil sector, is a sector providing substantial revenue to the Russian Government.

Therefore, Talat Safarov is significantly frustrating the provisions of Decision 2014/512/CFSP and Regulation (EU) No 833/2014. Through his position as shareholder and his management position in 2Rivers Group (formerly “Coral Energy”), he is involved in economic sectors providing a substantial source of revenue to the Government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine.

15.12.2025

1985.

Etibar EYYUB

a.k.a. Akin KOCAK

POB: Azerbaijan

Nationality: Azerbaijan

Gender: male

Etibar Eyyub founded and runs a network of companies including Coral Energy (later 2Rivers Group). Through this network of companies, he enables shipments and exports of Russian oil, notably from the Russian state owned oil-company Rosneft, by concealing the actual origin of the oil. In particular, the 2Rivers network controls and utilises a large proportion of the vessels in Russia’s so-called “shadow fleet”.

Therefore, Etibar Eyyub is significantly frustrating the provisions of Decision 2014/512/CFSP and Regulation (EU) No 833/2014. He is also involved in economic sectors providing a substantial source of revenue to the Government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine.

15.12.2025’

Entities

Name

Identifying information

Reasons

Date of listing

‘684.

Nova Shipmanagement LLC-FZ

Address: 6th Floor, Meydan Grandstand, Al Meydan Road, Nad Al Sheba, Dubai, United Arab Emirates

Type of entity: Limited Liability Company

Place of registration: United Arab Emirates

IMO: 0055652

Nova Shipmanagement LLC-FZ is a UAE-based shipping company, which manages tankers transporting Russian crude oil, including for export purposes.

Various tankers managed by Nova Shipmanagement LLC-FZ are part of Russia’s so-called “shadow fleet”, and are involved in high-risk shipping practices, while transporting Russian crude oil. In particular, it manages tankers previously managed by the Sovcomflot group, such as the vessels Arrow (IMO: 9413561), Amulet (IMO: 9413547) and Bobcat (IMO: 9422457).

Therefore, Nova Shipmanagement LLC-FZ is controlling and managing vessels that transport crude oil or petroleum products, originating in Russia or exported from Russia, while practicing irregular and high-risk shipping practices as set out in the International Maritime Organisation General Assembly resolution A.1192(33).

15.12.2025

685.

Citrine Marine SPC

Address: C/O: Nova Shipmanagement LLC-FZ, 6th Floor, Meydan Grandstand, Al Meydan Road, Nad Al Sheba, Dubai, United Arab Emirates

Type of company: Limited Liability Company

Place of registration: United Arab Emirates

IMO: 0138716

Citrine Marine SPC is a UAE-based shipping company, which owns tankers transporting Russian crude oil, including for export purposes.

Various tankers owned by Citrine Marine SPC are managed by Nova Shipmanagement LLC-FZ; both share the same address in the UAE. The ships are part of Russia’s so-called “shadow fleet” and are involved in high-risk shipping practices, while transporting Russian crude oil. In particular, Citrine Marine SPC manages tankers previously managed by the Sovcomflot group, such as the vessels Arrow (IMO: 9413561), Amulet (IMO: 9413547) and Bobcat (IMO: 9422457).

Therefore, Citrine Marine SPC owns vessels that transport crude oil or petroleum products, originating in Russia or exported from Russia, while practicing irregular and high-risk shipping practices as set out in the International Maritime Organisation General Assembly resolution A.1192(33). Citrine Marine SPC is also associated with Nova Shipmanagement LLC-FZ.

15.12.2025

686.

Hung Phat Maritime Trading

a.k.a. HPMT

Address: Service Zone No. 04, Level 06, R2 Tower, The Everrich Building, No. 968 3/2 Street, Word 15, District 11, Ho Chi Minh City, Vietnam

Place of registration: Vietnam

Date of registration: 24.2.2011

IMO: 6198018

Hung Phat Maritime Trading is a company that owns or manages tankers that are subject to restrictive measures imposed by the Union and by other countries for being part of the Russia’s so-called “shadow fleet”, transporting crude oil or petroleum products while practicing irregular and high-risk shipping practices.

Therefore, Hung Phat Maritime Trading owns and manages vessels that transport crude oil or petroleum products, originating in Russia or exported from Russia, while practicing irregular and high-risk shipping practices as set out in the International Maritime Organisation General Assembly resolution A.1192(33). Hung Phat Maritime Trading is furthermore providing technical support to the operations of such vessels.

15.12.2025

687.

SeverTransBunker Company Limited

Address: Office 207A, Lit A, ul Yakornaya 13, Saint Petersburg, 195027, Russian Federation; Office 601, prospect Budyonnovskiy 2, Rostov-on-Don, 344002, Russian Federation

IMO: 6197187

SeverTransBunker Company Limited is a shipping company based in Russia which owns and manages tankers. The company is registered as the Beneficial Owner of multiple vessels that transport crude oil or petroleum products, originating in Russia or exported from Russia, while practicing irregular and high-risk shipping practices as set out in the International Maritime Organization General Assembly resolution A.1192(33).

15.12.2025’.