Hong Kong; Hong Kong

Unit 706, 7/F, South Seas Centre Tower 2, 75 Mody Road, Kowloon, Hong Kong, China

73029960, Business Registration Number; 3052485, Company Number

Similarly, Hong Kong-based oil broker Petronix Energy Trading Limited (Petronix Energy) has purchased hundreds of thousands of metric tons of Iranian oil from sanctioned Naftiran Intertrade Company, the marketing arm of NIOC, for onward shipment to the PRC. In 2024, Petronix Energy used the Panama-flagged MENG XIN (IMO 9271406) and the Cook Islands-flagged PHOENIX I (IMO 9236248), both of which are being identified by the State Department as blocked property today, to transport the oil. Petroquimico FZE, Petronix Energy, and Le Monde Marine Services Limited are being designated pursuant to E.O. 13902 for operating in the petroleum sector of the Iranian economy. The CASINOVA is being identified pursuant to E.O. 13902 as property in which Le Monde Marine Services Limited has an interest.

https://home.treasury.gov/news/press-releases/sb0026

2025-02-24

US

Executive Order 13902 of January 10, 2020 Imposing Sanctions With Respect to Additional Sectors of Iran

OFAC country specific

Iran

Blocking Property, Suspending Entry, Trade sanctions

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

E.O. 13902 imposes sanctions with respect to any person determined by the Secretary of the Treasury, in consultation with the Secretary of State, to operate in the construction, mining, manufacturing, and textiles sectors of the Iranian economy, and any additional sectors of the Iranian economy as may be determined by the Secretary of the Treasury, in consultation with the Secretary of State. On October 8, 2020, the Secretary of the Treasury identified the financial sector of the Iranian economy for additional sanctions under E.O. 13902. Iranian and non-Iranian persons operating in these sectors could be subject to sanctions pursuant to E.O. 13902.

SDN