Gabon became Russia's "largest supplier" of spare aircraft parts

Stock photo: Getty Images
Stock photo: Getty Images

Russian customs claim that Gabon unexpectedly rose to the top of the list of suppliers of spare parts for Russian aircraft in 2023.

Source: The Moscow Times

Details: Ter Assala Parts, a Gabonese company, allegedly exported spare parts worth nearly US$1.5 billion to the Russian Federation, which is more than half of Gabon's annual budget. This company is not listed in Gabon's Commercial Register, and the registration address in Libreville is a residential building. Experts believe fraud may be involved.

Economist Igor Lipsits believes that high-ranking officials from both countries could be involved in this scheme. He suggests that the Gabon government may be covering this up, and the Russian government has given them a carte blanche for it.

Ter Assala Parts supplied Russia with Boeing and Airbus parts such as oxygen masks, washers, pipes, bolts, nuts, brackets, fuel regulators, used computers, and warning systems.

Gabon also imported 15 used engines for the Boeing 737 and Airbus A320/A321 for more than US$58 million.

Buyers of aviation spare parts in Ter Assala Parts' Russian customs declarations include LLC Association of Suppliers (US$1.2 billion), LLC Quantum (more than US$176 million), and LLC Protector (more than US$48 million).

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