Date: 2025-12-15Category: Not ApplicableState: Union GovernmentCountry: Europe
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
**Executive Summary**
This document is a Council Implementing Regulation (EU) 2025/2588, dated 15 December 2025, implementing Regulation (EU) No 269/2014. It adds 5 persons and 4 entities to the list of those subject to restrictive measures for actions undermining or threatening the territorial integrity, sovereignty, and independence of Ukraine. The regulation enters into force on the date of its publication in the Official Journal of the European Union.
**Key Points / Main Content**
* **Amendment to Regulation (EU) No 269/2014:**
* Annex I of Regulation (EU) No 269/2014 is amended according to the Annex of this regulation.
* **New Listed Individuals and Entities:**
* Murtaza Ali Lakhani, a businessperson with interests in the oil sector, is added for enabling Russian oil shipments.
* Valery Kildiyarov, a manager of Alghaf Marine DMCC and finance director of Litasco Middle East DMCC, is added for supplying significant volumes of Russian crude oil.
* Anar Madatli, a shareholder in and director of 2Rivers Group, is added for enabling shipments and exports of Russian oil.
* Talat Safarov, a shareholder in and CEO of 2Rivers Group, is added for enabling shipments and exports of Russian oil.
* Etibar Eyyub (a.k.a. Akin Kocak), who founded the Coral Energy and 2Rivers network of companies, is added for enabling shipments and exports of Russian oil.
* Nova Shipmanagement LLC-FZ, a UAE-based shipping company, is added for managing tankers transporting Russian crude oil.
* Citrine Marine SPC, a UAE-based shipping company, is added for owning tankers transporting Russian crude oil.
* Hung Phat Maritime Trading (a.k.a. HPMT) is added for being the owner/manager of tankers transporting crude oil or petroleum products.
* SeverTransBunker Company Limited is added for being the owner/manager of tankers transporting crude oil or petroleum products.
* **Reason for Listing:**
* All listed individuals and entities are involved in economic sectors providing a substantial source of revenue to the Government of the Russian Federation.
* The individuals and entities 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).
**Impact Analysis**
**Listed Individuals and Entities**
* **Impact**: They are subject to restrictive measures as outlined in Regulation (EU) No 269/2014.
* **Action Required**: They must comply with the restrictive measures, which may include asset freezes and travel bans.
**EU Member States**
* **Impact**: This Regulation is binding and directly applicable in all Member States.
* **Action Required**: Member States must implement the regulation and enforce the restrictive measures.
Key Entities Referenced
Regulation (EU) No 269/2014: Council Regulation concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine, which is being implemented and amended by this regulation.
Ukraine: Country whose territorial integrity, sovereignty, and independence are at the center of the restrictive measures.
The Council of the European Union: The issuer of the regulation.
Official Journal EN
of the European Union L series
2025/2588 15.12.2025
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
THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty on the Functioning of the European Union,
Having regard to Council Regulation (EU) No 269/2014 of 17 March 2014 concerning restrictive measures in respect of
actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine(1), and in particular
Article 14(1) thereof,
Having regard to the proposal from the High Representative of the Union for Foreign Affairs and Security Policy,
Whereas:
(1) On 17 March 2014, the Council adopted Regulation (EU) No 269/2014.
(2) In its conclusions of 19 December 2024, the European Council reiterated its resolute condemnation of Russia’s war
of aggression against Ukraine, which constitutes a manifest violation of the Charter of the United Nations, and
reaffirmed its continued support for Ukraine’s independence, sovereignty and territorial integrity within its
internationally recognised borders. The European Council stated that efforts to further limit Russia’s ability to wage
war must continue. It also expressed the Union’s readiness to step up pressure on Russia, including by adopting
further sanctions.
(3) In view of the continued and escalating aggression by the Russian Federation against Ukraine, in particular the recent
brutal military campaign deliberately targeting civilian infrastructure, including energy, water and health facilities,
which has caused severe suffering to the civilian population and seeks to undermine Ukraine’s resilience, the Council
considers it necessary to adopt further restrictive measures.
(4) In particular, the Council considers that 5 persons and 4 entities responsible for actions undermining or threatening
the territorial integrity, sovereignty and independence of Ukraine should be added to the list of natural and legal
persons, entities and bodies subject to restrictive measures set out in Annex I to Regulation (EU) No 269/2014.
(5) Regulation (EU) No 269/2014 should therefore be amended accordingly,
HAS ADOPTED THIS REGULATION:
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.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 15 December 2025.
For the Council
The President
K. KALLAS
(1) OJ L 78, 17.3.2014, p. 6, ELI: http://data.europa.eu/eli/reg/2014/269/oj.
ELI: http://data.europa.eu/eli/reg_impl/2025/2588/oj 1/8ANNEX
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 Murtaza Lakhani is a businessperson with interests in the oil sector. Through his 15.12.2025
companies, he enables shipments and export of Russian oil, notably from the
DOB: March 1962
Russian state-owned oil company Rosneft. In particular, Murtaza Lakhani controls
POB: Pakistan vessels transporting crude oil or petroleum products, originating in Russia or being
exported from Russia, while practicing irregular and high-risk shipping practices.
Nationality: Pakistani; Canadian Such practices include not maintaining adequate liability insurance, carrying out
unsafe operations, intentionally taking measures to avoid ship detection, such as
Gender: male
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).
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ELI:
http://data.europa.eu/eli/reg_impl/2025/2588/oj
EN
OJ
L,
15.12.2025Name Identifying information Reasons Date of listing
1982. Valery KILDIYAROV Function: Manager of Alghaf Marine DMCC; Valery Kildiyarov is a manager of Alghaf Marine DMCC, and the finance director of 15.12.2025
finance director of Litasco Middle East DMCC 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
Gender: male
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.
1983. Anar MADATLI Function: Shareholder in and Director of Anar Madatli is a shareholder in and director of 2Rivers Group, a UAE based 15.12.2025
2Rivers Group 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.
ELI:
http://data.europa.eu/eli/reg_impl/2025/2588/oj
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ENName Identifying information Reasons Date of listing
1984. Talat SAFAROV Function: Shareholder in and CEO of 2Rivers Talat Safarov is a shareholder and holds a management position (CEO) in 2Rivers 15.12.2025
Group 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
Nationality: Azerbaijani
oil-company Rosneft, by concealing the actual origin of the oil. Since 2024, the
Gender: male 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
Address: 301 JBC 4, Jumeriah Lake Towers of the vessels in Russia’s so-called “shadow fleet”. Regardless of its change in name
Dubai, UAE; 336 Smith Street #04-304, New and ownership, 2Rivers Group continues to operate the same network as Coral
Bridge Centre Singapore 050336; 409 Energy, which includes associated entities such as Nord Axis and Bellatrix, as
Platinum Tower, Jumeirah Lake Towers, Dubai demonstrated by the connection between the previous owner and the new
United Arab Emirates management. Furthermore, the energy sector, in particular the oil sector, is a sector
providing substantial revenue to the Russian Government.
Associated individuals: Ahmed KERIMOV; Anar
MADATLI Therefore, Talat Safarov is significantly frustrating the provisions of Decision
2014/512/CFSP and Regulation (EU) No 833/2014. Through his position as
Associated entities: 2Rivers PTE LTD; 2Rivers
shareholder and his management position in 2Rivers Group (formerly “Coral
DMCC
Energy”), he is involved in economic sectors providing a substantial source of
E-mail: talat.safarov@coralenergy.ch revenue to the Government of the Russian Federation, which is responsible for the
annexation of Crimea and the destabilisation of Ukraine.
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ELI:
http://data.europa.eu/eli/reg_impl/2025/2588/oj
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15.12.2025Name Identifying information Reasons Date of listing
1985. Etibar EYYUB POB: Azerbaijan Etibar Eyyub founded and runs a network of companies including Coral Energy (later 15.12.2025’
2Rivers Group). Through this network of companies, he enables shipments and
a.k.a. Akin KOCAK Nationality: Azerbaijan
exports of Russian oil, notably from the Russian state owned oil-company Rosneft,
Gender: male 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.
ELI:
http://data.europa.eu/eli/reg_impl/2025/2588/oj
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ENEntities
Name Identifying information Reasons Date of listing
‘684. Nova Shipmanagement LLC-FZ Address: 6th Floor, Meydan Grandstand, Al Nova Shipmanagement LLC-FZ is a UAE-based shipping company, which manages 15.12.2025
Meydan Road, Nad Al Sheba, Dubai, United tankers transporting Russian crude oil, including for export purposes.
Arab Emirates
Various tankers managed by Nova Shipmanagement LLC-FZ are part of Russia’s
Type of entity: Limited Liability Company so-called “shadow fleet”, and are involved in high-risk shipping practices, while
transporting Russian crude oil. In particular, it manages tankers previously managed
Place of registration: United Arab Emirates
by the Sovcomflot group, such as the vessels Arrow (IMO: 9413561), Amulet
IMO: 0055652 (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).
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ELI:
http://data.europa.eu/eli/reg_impl/2025/2588/oj
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15.12.2025Name Identifying information Reasons Date of listing
685. Citrine Marine SPC Address: C/O: Nova Shipmanagement LLC-FZ, Citrine Marine SPC is a UAE-based shipping company, which owns tankers 15.12.2025
6th Floor, Meydan Grandstand, Al Meydan transporting Russian crude oil, including for export purposes.
Road, Nad Al Sheba, Dubai, United Arab
Various tankers owned by Citrine Marine SPC are managed by Nova Shipmanagement
Emirates
LLC-FZ; both share the same address in the UAE. The ships are part of Russia’s
Type of company: Limited Liability Company so-called “shadow fleet” and are involved in high-risk shipping practices, while
transporting Russian crude oil. In particular, Citrine Marine SPC manages tankers
Place of registration: United Arab Emirates
previously managed by the Sovcomflot group, such as the vessels Arrow
IMO: 0138716 (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.
ELI:
http://data.europa.eu/eli/reg_impl/2025/2588/oj
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ENName Identifying information Reasons Date of listing
686. Hung Phat Maritime Trading Address: Service Zone No. 04, Level 06, R2 Hung Phat Maritime Trading is a company that owns or manages tankers that are 15.12.2025
Tower, The Everrich Building, No. 968 3/2 subject to restrictive measures imposed by the Union and by other countries for being
a.k.a. HPMT
Street, Word 15, District 11, Ho Chi Minh City, part of the Russia’s so-called “shadow fleet”, transporting crude oil or petroleum
Vietnam products while practicing irregular and high-risk shipping practices.
Place of registration: Vietnam Therefore, Hung Phat Maritime Trading owns and manages vessels that transport
crude oil or petroleum products, originating in Russia or exported from Russia, while
Date of registration: 24.2.2011
practicing irregular and high-risk shipping practices as set out in the International
IMO: 6198018 Maritime Organisation General Assembly resolution A.1192(33). Hung Phat
Maritime Trading is furthermore providing technical support to the operations of
such vessels.
687. SeverTransBunker Company Address: Office 207A, Lit A, ul Yakornaya 13, SeverTransBunker Company Limited is a shipping company based in Russia which 15.12.2025’.
Limited Saint Petersburg, 195027, Russian Federation; owns and manages tankers. The company is registered as the Beneficial Owner of
Office 601, prospect Budyonnovskiy 2, multiple vessels that transport crude oil or petroleum products, originating in Russia
Rostov-on-Don, 344002, Russian Federation or exported from Russia, while practicing irregular and high-risk shipping practices as
set out in the International Maritime Organization General Assembly resolution
IMO: 6197187
A.1192(33).
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