Iran; Iran; Iran

Hafez Corner, National Iranian Oil Company Headquarters, Taleghani Street, Tehran, 1514846116, Iran; No. 11, Pasdaran St., Hojjat Souri St., Tehran, Iran; Shomal Oil Terminal, Neka, Mazandaran, Iran; Mahshahr Oil Terminal, Bandar-e Mahshahr, Khuzestan, Iran; Kharg Oil Terminal, Kharg Island, Bushehr, Iran; South Pars Condensate Oil Terminal, Asaluyeh, Bushehr, Iran; Jask Oil Terminal, Jask, Hormozgan, Iran

149197, Registration Number; 10101920450, National ID No.; 411155817498, Identification Number

Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC), and the U.S. Department of State are imposing sanctions on over 30 persons and vessels in multiple jurisdictions for their role in brokering the sale and transportation of Iranian petroleum-related products. Among those sanctioned today are oil brokers in the United Arab Emirates (UAE) and Hong Kong, tanker operators and managers in India and People’s Republic of China (PRC), the head of Iran’s National Iranian Oil Company, and the Iranian Oil Terminals Company, whose operations help finance Iran’s destabilizing activities. The vessels sanctioned today are responsible for shipping tens of millions of barrels of crude oil valued in the hundreds of millions of dollars. The Iran-based Iranian Oil Terminals Company (IOTC), managed by Abbass Asadrouz, is a NIOC subsidiary that oversees all operations at Iran’s oil terminals, including Kharg Island Oil Terminal, through which a majority of Iranian oil flows, and South Pars Condensate Terminal, which accounts for 100 percent of Iran’s gas condensate exports. Sayyed Ali Miri and Gholamhossein Gerami manage the Kharg Island Oil Terminal and South Pars Condensate Terminal, respectively. Iran’s remaining oil exports depart from terminals along the Caspian Sea, including the North Oil Terminal, headed by Ali Moalemi. Hamid Bovard and the Iranian Oil Terminals Company are being designated pursuant to E.O. 13902 for operating in the petroleum sector of the Iranian economy. Sayyed Ali Miri, Ali Moalemi, Gholamhossein Gerami, and Abbass Asadrouz are being designated pursuant to E.O. 13902 for acting or purporting to act for or on behalf of, directly or indirectly, IOTC.

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