United Arab Emirates

Office No. M02-M06, City Gate Bldg, Bin Ham Properties, Port Saeed, Dubai, Deira, United Arab Emirates

880522, License

Treasury-designated Triliance Petrochemical Co. Ltd. (Triliance) has used its UAE-based front company Ali Almutawa Petroleum and Petrochemical Trading L.L.C (Ali Almutawa) to send and receive tens of millions of dollars’ worth of payments related to the sale and purchase of Iranian petroleum products, including gasoline and naphtha. One of Ali Almutawa’s customers is UAE-based Petrokick LLC, which has purchased tens of millions of dollars’ worth of Iranian petroleum products from the company. Petrokick LLC has also purchased millions of dollars’ worth of oil products from Behran Oil for onward shipment to the UAE. Petrokick LLC has sold hundreds of millions of dollars’ worth of Iranian oil products shipped to the UAE.

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of May 23, 2011; E.O. 13590 of November 20, 2011; E.O. 13622 of July 30, 2012; and E.O. 13645 of June 3, 2013, that had been revoked by E.O. 13716 of January 16, 2016.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.

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