Adani Enterprises Responds to US Request for Information on Iranian LPG Imports

Adani Enterprises has disclosed that the US Treasury’s Office of Foreign Assets Control (OFAC) sought information on alleged imports of liquefied petroleum gas from Iran, and the company is voluntarily providing the requested data. 

US OFAC Information Request and Company Response 

On February 4, 2026, OFAC sent a formal information request to Adani Enterprises following voluntary discussions that began after a Wall Street Journal report in June 2025.  

The company stated that the request does not contain any findings of non‑compliance and that it is fully cooperating with the civil investigation. 

Background of the Iranian LPG Allegations 

The June 2025 report alleged that Adani‑linked entities imported Iranian LPG through the Mundra port in Gujarat, potentially using routes to evade US sanctions.  

Adani Enterprises has repeatedly asserted that its policy prohibits handling cargo originating from Iran or vessels flying the Iranian flag at any of its ports. 

Read More: Adani Enterprises Share Price Falls Over 2%; Responds to WSJ Report and Confirms OFAC Information Request! 

Operational Impact and Revenue Share 

Adani Enterprises halted all LPG imports on June 2, 2025. The company disclosed that LPG accounted for 1.46% of its revenue in fiscal 2025, while the broader Adani Group recorded a 0.5% contribution from LPG to overall revenue. The cessation was described as a precautionary measure while cooperating with US authorities. 

Historical Scrutiny and Current Status 

Since early 2023, the Adani Group has faced scrutiny from various quarters, including allegations of stock manipulation and accounting irregularities, which remain unproven in any court.  

The current OFAC request pertains specifically to transactions processed through US financial institutions that may involve Iran or sanctioned parties. 

Adani Enterprises Share Price Performance  

As of February 11, 2026, at 9:26 AM, Adani Enterprises share price on NSE was trading at ₹2,228.30 down by 0.01% from the previous closing price.  

Conclusion 

Adani Enterprises has acknowledged the OFAC information request, reaffirmed its policy against Iranian cargo, and highlighted the limited revenue impact of LPG imports. The company continues to engage with US authorities as part of the ongoing civil investigation. 

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