Iran

1969-07-05

#2007, 20th Floor, Grand Hyatt Residence, Qudmetha St., Dubai, 7167, United Arab Emirates

166730510001, Personal ID Card

Since 2019, UAE-based Iranian nationals Morteza Rajabieslami (Rajabieslami) and Mahdieh Sanchuli (Sanchuli) have partnered to export Iranian crude oil and petrochemical products on behalf of Switzerland-based Naftiran Intertrade Company (NICO), the marketing arm of NIOC, through companies and vessels under their control. Rajabieslami owns an extensive network of companies engaged in refining, energy trading, shipping, and bunkering, which have facilitated the shipment of thousands of metric tons of fuel oil worth millions of dollars from Iran. These companies have been involved in contracts valued in the tens of millions of dollars related to the sale of petroleum products from NICO. Sanchuli, an experienced petroleum sales facilitator who has served as a representative of UAE-based companies Petrogat FZE and Emerald Global FZE, has purchased from NICO shipments of crude oil worth tens of millions of dollars. Sanchuli has paid NICO tens of millions of dollars on behalf of Petrogat FZE to facilitate multiple shipments of oil from Iran to East Asia for the benefit of NICO. NICO was identified pursuant to E.O. 13599 on November 26, 2008, for being owned or controlled by the Government of Iran. Morteza Rajabieslami, Mahdieh Sanchuli, Petrogat FZE, and Emerald Global FZE are being designated pursuant to E.O. 13846 for, on or after November 5, 2018, having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of, NICO.

https://home.treasury.gov/news/press-releases/jy0851

2022-07-06

US

Executive Order 13846 of August 6, 2018 Reimposing Certain Sanctions With Respect to Iran

OFAC country specific

Iran

Other financial restrictions, Blocking Property, Suspending Entry, Trade sanctions

• https://ofac.treasury.gov/faqs/topic/1551

In accordance with his May 8, 2018 decision to cease the United States’ participation in the Joint Comprehensive Plan of Action (JCPOA) and to reimpose all of the U.S. sanctions lifted or waived in connection with the JCPOA, the President issued E.O. 13846 on August 6, 2018 to reimpose relevant provisions of E.O. 13574 of May 23, 2011; E.O. 13590 of November 20, 2011; E.O. 13622 of July 30, 2012; and E.O. 13645 of June 3, 2013, that had been revoked by E.O. 13716 of January 16, 2016. Consistent with guidance issued by the Department of the Treasury on May 8, 2018 , E.O. 13846 reimposes specified sanctions relating to Iran following relevant wind-down periods, i.e., on or after August 7, 2018 or November 5, 2018, depending on the activity involved. In addition, to provide clarity and consolidate relevant authorities into a single E.O., E.O. 13846 revokes E.O.s 13716 and 13628 and continues in effect sanctions authorities provided for in those E.O.s. E.O. 13846 also broadens the scope of certain provisions contained in those E.O.s, as outlined in FAQ 601 below.

SDN