By Brazil Stock Guide – Brazil’s tax authority seized two additional vessels carrying imported diesel as part of its widening “Carbon Chain Operation,” bringing the total number of ships detained to four. The action, carried out on Sept. 26 with support from the Brazilian Navy, also blocked containers loaded with imported chemical additives used in fuel production, the Finance Ministry said.
According to the Receita Federal, the latest seizure involved 91 million liters of diesel valued at more than 290 million reais ($53 million), along with about 115 metric tons of imported compounds. Officials said the investigation is focused on potential schemes to simulate fuel sales using successive invoices and transport documents to mask the true operators behind the transactions.
Authorities are also probing signs of concealed beneficiaries in foreign trade operations, inconsistencies in data provided to regulators, and the financial flows that funded the deals. The fuel shipments will undergo forensic tests to confirm their composition and characteristics, the agency said.
The Receita Federal is working alongside Brazil’s oil and fuels regulator ANP to verify whether a domestic refinery is complying with regulations, particularly rules concerning space allocation for distributors. The Navy and Receita are monitoring all detained vessels with updated imaging records.
Officials said the measures aim to ensure fair competition, safeguard tax collection, and strengthen the integrity of Brazil’s fuel import market.
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