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Records show Iranian jet fuel shipment mislabeled for Myanmar

Published 27 October 2026

Documents and shipping analysis indicate that a December 2025 delivery of Iranian jet fuel to Myanmar was recorded as diesel, including in paperwork authorized by Myanmar’s Foreign Exchange Supervisory Committee. The tanker Reef carried about 113,000 barrels from Iran’s Bandar Abbas port, while the cargo documents described it as diesel rather than aviation fuel. A letter dated November 30, 2025, authorized import documents to use the diesel description and approved payment arrangements involving Myanmar-based broker Dynamic Wave and National Energy Prime Aviation Services Company, or NEPAS. NEPAS is partly owned by a state-controlled company. The documents and shipping evidence indicate that the arrangement concealed the fuel’s origin and the identity of the underlying purchaser. The December delivery was part of a broader series identified by Justice for Myanmar in transaction documents covering December 2024 to November 2025. The organization said it found six transactions involving more than 843,000 barrels of aviation fuel, valued at about $109.5 million, whose contracts described the cargoes as high-speed diesel. Some paperwork identified South Africa or Singapore as the...

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