News
Taifa Gas On The Spot Over Fraudulent Dealings
Taifa Gas, a company registered in Tanzania and beneficiary owner of LPG/C Mirambo have instructed their vessel to perform four ship to ship transfers with LPG/C Falcon offshore Zanzibar territorial waters, in 2022 on April 9th, April 16th, April 23rd and April 30th.
The purpose of these loading operations is to supply Tanzania with LPG, therefore following each cargo transfer LPG/C Mirambo came to discharge its cargo in Dar es Salaam port. During each discharge in Dar es Salaam port, the cargo origin declared by Taifa Gas was Sohar, Oman.
Thanks to the attached letter from OQ Trading Limited, it has come to our attention that the origin of cargo has been wrongly declared by Taifa Gas, to Tanzanian customs, banks and end-users. This is a highly fraudulent practice.
Furthermore, a thorough analysis of LPG/C Falcon itinerary shows that they have purposedly turned off their AIS transmission while in Persian Gulf waters, in order to hide their position.
This is the typical way of operating for ships that are trying to hide the world that their are loading cargoes from Iran.
For the record, Iranian LPG is under sanctions from the United States.
It means that any person or company entering into a trade involving LPG from Iran may be added to the US watchlist of US office of Foreign Assets Control and may be banned from any transaction in US dollars.
Therefore not only Taifa Gas, but also Tanzanian banks, LPG retailers, port operators, and broadly Tanzanian LPG stakeholders might have to bear the consequences of Taifa Gas wrongdoings.
The masters development comes at a time when Kenya’s energy regulator declined to clear the application by Taifa Gas, which is owned by tycoon Rostam Aziz, to set up a gas plant at the Mombasa port, citing risks to the environment posed by the 30,000-tonne gas handling facility.
Kenya receives a significant share of its cooking gas from Tanzania through the border towns of Namanga and Loitoktok raising concerns that the sanctioned oils from Tanzania could having its ways to Kenya’s households.
OQ Trade Notice - 27.4.22 (3)Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
-
Business1 week agoKakuzi Investors Face Massive Loss as Land Commission Drops Bombshell Order to Surrender Quarter of Productive Estate
-
Investigations1 week agoINSIDER LEAK REVEALS ROT AT KWS TOP EXECUTIVES
-
Investigations5 days agoCNN Reveals Massive Killings, Secret Graves In Tanzania and Coverup By the Govt
-
Business1 week agoBANKS BETRAYAL: How Equity Bank Allegedly Helped Thieves Loot Sh10 Million From Family’s Savings in Lightning Fast Court Scam
-
Business1 day agoConstruction Of Stalled Yaya Center Block Resumes After More Than 3 Decades and The Concrete Story Behind It
-
News1 week agoEXPOSED: How Tycoon Munga, State Officials, Chinese Firm Stalled A Sh3.9 Trillion Coal Treasure In Kitui
-
News1 week agoEx-Boyfriend Withdraws Explosive Petition to Remove DPP After Criminal Case Against Capital FM Boss Resurfaces
-
Politics6 days agoI Had Warned Raila Of Possible Fallout In The Odinga Family After His Death, Oburu Says
