Etibar EYYUB
Sanctioned entityAzerbaijan. Named in 8 sanctions listings.
Summary
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”. 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.
(UE) 2025/2588 du 15/12/2025 (UE Ukraine intégrité territoriale - R (UE) 269/2014) (FondementJuridique: 4060)
Transport sanctions: where transport sanctions apply, a ship owned, controlled, chartered or operated by a designated person is prohibited from entering a port in the UK, may be given a movement or a port entry direction, can be detained, and will be refused permission to register on the UK Ship Register or have its existing registration terminated. Similarly, an aircraft owned, chartered or operated by a designated person is prohibited from overflying or landing in the UK, may be given a movement direction, can be detained or moved to a specified airport, and will be refused permission to register on the CAA Aircraft Register or have its existing registration terminated. This also includes a prohibition of technical assistance relating to aircraft and ships: a prohibition on the provision of technical assistance relating to aircraft or ships will prevent a person from directly or indirectly providing technical assistance to, or for the benefit of, the designated person, where that technical assistance relates to an aircraft or ship.
Name Etibar EYYUB: 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.
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.
Etibar Eyyub a fondé et dirigé un réseau d’entreprises, parmi lesquelles Coral Energy (devenue groupe 2Rivers). Par l’intermédiaire de ce réseau d’entreprises, il permet l’expédition et l’exportation de pétrole russe, notamment de la compagnie pétrolière publique russe Rosneft, en dissimulant la véritable origine du pétrole. En particulier, le réseau 2Rivers contrôle et utilise une grande partie des navires de la “flotte fantôme” de la Russie. Par conséquent, Etibar Eyyub porte gravement atteinte aux dispositions de la décision 2014/512/PESC et du règlement (UE) no 833/2014. Il est également impliqué dans des secteurs économiques fournissant une source substantielle de revenus au gouvernement de la Fédération de Russie, qui est responsable de l’annexion de la Crimée et de la déstabilisation de l’Ukraine.
(Date of UN designation: 2025-12-15)
Sanctions and listings8
EU sanctions related to Ukraine - (UE) 2025/2588 du 15/12/2025 (UE Ukraine intégrité territoriale - R (UE) 269/2014)
Direction Générale du TrésorFrench National Asset Freezing SystemFrance
Etibar Eyyub a fondé et dirigé un réseau d’entreprises, parmi lesquelles Coral Energy (devenue groupe 2Rivers). Par l’intermédiaire de ce réseau d’entreprises, il permet l’expédition et l’exportation de pétrole russe, notamment de la compagnie pétrolière publique russe Rosneft, en dissimulant la véritable origine du pétrole. En particulier, le réseau 2Rivers contrôle et utilise une grande partie des navires de la “flotte fantôme” de la Russie. Par conséquent, Etibar Eyyub porte gravement atteinte aux dispositions de la décision 2014/512/PESC et du règlement (UE) no 833/2014. Il est également impliqué dans des secteurs économiques fournissant une source substantielle de revenus au gouvernement de la Fédération de Russie, qui est responsable de l’annexion de la Crimée et de la déstabilisation de l’Ukraine.
Programme EU-UKRgels-avoirs.dgtresor.gouv.frsanctionsmap.eu
- Listed
- 19 Feb 2026
Special Economic Measures Act - Russia
Global Affairs CanadaCanadian Consolidated Autonomous Sanctions List on the Russian invasion of UkraineCanada
Canada is imposing sanctions against 21 individuals who contribute directly or indirectly to Russia's war efforts, including individuals involved in an energy trading network, financial actors enabling sanctions evasion, and persons involved in Russia's artificial intelligence ecosystem, drone production and hybrid warfare capabilities.
Programme CA-SEMAinternational.gc.cainternational.gc.ca
- Listed
- 15 Dec 2025
EU sanctions related to Ukraine - UKR
Directorate‑General for Financial Stability, Financial Services and Capital Markets UnionEU Financial Sanctions Files (FSF)European Union
Designation date published: 2025-12-15
regulationType=amendment; organisationType=council
2025/2588 (OJ L202502588)
Programme EU-UKRReference EU.14356.46eur-lex.europa.eusanctionsmap.eu
Official designation
La Principauté de MonacoMonaco National Fund Freezing ListMonaco
(UE) 2025/2588 du 15/12/2025
Autorité de désignation publiée : Union européenne
Etibar Eyyub a fondé et dirigé un réseau d’entreprises, parmi lesquelles Coral Energy (devenue groupe 2Rivers). Par l’intermédiaire de ce réseau d’entreprises, il permet l’expédition et l’exportation de pétrole russe, notamment de la compagnie pétrolière publique russe Rosneft, en dissimulant la véritable origine du pétrole. En particulier, le réseau 2Rivers contrôle et utilise une grande partie des navires de la “flotte fantôme” de la Russie. Par conséquent, Etibar Eyyub porte gravement atteinte aux dispositions de la décision 2014/512/PESC et du règlement (UE) n° 833/2014. Il est également impliqué dans des secteurs économiques fournissant une source substantielle de revenus au gouvernement de la Fédération de Russie, qui est responsable de l’annexion de la Crimée et de la déstabilisation de l’Ukraine.
- Effective
- 9 May 2025
UK sanctions relating to Russia - The Russia (Sanctions) (EU Exit) Regulations 2019
UK; Foreign, Commonwealth & Development OfficeUK FCDO Sanctions ListUnited Kingdom
Transport sanctions: see "Other information", trust services sanctions, asset freeze, travel ban, transport sanctions: see 'other information' and director disqualification sanction
Etibar EYYUB is or has been involved in obtaining a benefit from or supporting the Government of Russia by owning or controlling directly or indirectly or working as a director of CORAL ENERGY (now 2RIVERS GROUP), NORD AXIS and BX ENERGY which have been carrying on business in a sector of strategic significance to the Government of Russia, namely the Russian energy sector.
Programme GB-RUSReference 16865Reference RUS2539Last updated 9 May 2025gov.ukgov.uk
- Listed
- 19 Feb 2026
Special Economic Measures Act - Russia
Global Affairs CanadaCanadian Consolidated Autonomous Sanctions ListCanada
1, Part 1
Programme CA-SEMAReference 1578international.gc.cainternational.gc.ca
- Listed
- 15 Dec 2025
EU sanctions related to Ukraine
Federal Public Service FinanceBelgian Financial SanctionsBelgium
2025/2588 (OJ L202502588)
Programme EU-UKRfinance.belgium.besanctionsmap.eu
- Listed
- 13 Jan 2026
Measures In Relation To The Situation In Ukraine - Ordinance of 4 March 2022 on measures related to the situation in Ukraine (RS 946.231.176.72), annexes 2, 8, 9, 10, 11, 12,13, 14, 14a, 15, 15a, 15b, 15c, 25, 33, 35, 36, 37, 39, 40 and 41
State Secretariat for Economic AffairsSwiss SECO Sanctions/EmbargoesSwitzerland
Programme SECO-UKRAINEReference 101194seco.admin.chseco.admin.ch
Other names4
Also known as3
Weak aliases1
Spellings the source flags as too generic to establish a match on their own.
Addresses1
F. X. XOYSKI PROSPEKT, 120/23, FL. 6, NARIMANOV DISTRICT, Baku, Azerbaijan
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