Adani Enterprises Ltd has reiterated its stance against allegations made in a Wall Street Journal (WSJ) article dated June 2, 2025, which claimed links to Iranian-origin LPG shipments. The company strongly denied any sanctions violations, calling the report misleading, and emphasized its strict compliance with domestic and international trade regulations.
Adani Enterprises Ltd has issued a further clarification regarding the WSJ article published on June 2, 2025, which alleged that Adani group entities may have imported Iranian liquefied petroleum gas (LPG) through Mundra port, potentially violating U.S. sanctions.
The company categorically rejected the claims, stating that its operations are fully compliant with domestic and global laws, including U.S. sanctions. Adani emphasized that it has no policy of handling cargo or vessels from Iran, and that the shipment referenced in the WSJ report originated from Sohar, Oman, as verified through documentation.
Key Highlights
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WSJ Allegations: Report suggested Adani-linked LPG shipments tied to Iran.
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Company Response: Adani calls claims “baseless, mischievous, and misleading.”
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Compliance Assurance: All transactions adhere to domestic and international regulations.
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Operational Policy: No cargo or vessels from Iran handled at Adani ports.
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Revenue Impact: LPG accounted for only 1.46% of FY24-25 revenue.
Adani Enterprises stressed that the WSJ report was speculative and harmful, asserting its commitment to transparency and compliance in global trade operations.
Sources: Wall Street Journal, Reuters, Economic Times, Moneylife Digital