Who owns Motor Oil Hellas?

Motor Oil Hellas was founded on May 7, 1970, by Vardis Vardinogiannis and Georgios Paraschos Aleksandridis. It is headquartered in Marousi, Greece. Since 1972 Vardis J. Vardinoyannis has been chairman and managing director.

Does Motor Oil Hellas sell Russian petroleum products?

Vessels from the Turkish terminal have then delivered such products to Motor Oil Hellas, which sells naval diesel to the U.S. military. Under the sanctions, Motor Oil Hellas and other Western purchasers cannot import Russian petroleum products.

How does Motor Oil Hellas work?

Once at Motor Oil Hellas, that vacuum gas oil is mixed in with much larger amounts of crude oil from other countries in a unit specially designed to make jet fuel with those ingredients. Other Russian-origin fuel oil products that have been shipped to Dortyol in large quantities can be used to make naval diesel.