Risk Level:
89% May harm your business future;

This entity is connected with designated / sanctioned entities who are helping Iranian Regime Terrorist Activities & development of WMD

High Alert – Entity affiliated with Designated / Sanctioned / Illicit entities

Mehrarad Energy Development Co. was founded in 2005 as an active contractor in oil, gas and industries fields with a wide range ability, from engineering, procurement, construction, pre-commissioning, commissioning to MC management. Our experience in national and high scale oil, gas, petrochemical and industrial projects, have made us to be one of the well-known companies among EPC contractors in Iran;

Mehrarad Company projects including engineering ,procurement and construction of refining and petrochemical plants, oil depots, gas stations, storage tanks and pressure vessels, pipelines, water and waste water treatment, revamping existing plants, power and steam generation, technical inspection. Since 2016 Mehrarad Co. enter to PIDMCO (Petrochemical Industries Development Management Co.) vendor list as Approved storage tank EPC contractor;

Mehrarad Company works on projects controlled by Mobin Petrochemical Company. Mobin Petrochemical Company is designated by the U.S. Treasury pursuant E.O. 13382 for being owned or controlled by PGPIC on June 07, 2019. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against Iran’s largest and most profitable petrochemical holding group, Persian Gulf Petrochemical Industries Company (PGPIC), for providing financial support to Khatam al-Anbiya Construction Headquarters (Khatam al-Anbiya), the engineering conglomerate of the Islamic Revolutionary Guard Corps (IRGC);

Mehrarad Company – working with:
National Refining and Distribution of Petroleum Products
National Iranian Gas Company
Association of Petroleum Industry Engineering and Construction Companies APEC
Iran Chamber of Commerce, Industries and Mines
Tehran Chamber of Commerce and Industries and Mines TCCIM

Also Known As:
Mehrarad Energy Development Co.
Mehrarad Energy Development Company


Unit2, Boostan Alley,Shahid Kord Street, Resalat Ave., Tehran, Iran




Reason for the color:
» Mehrarad Company is working on projects controlled by Mobin Petrochemical;

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IFMAT Color Guide

We sort entities who are connected with terrorist activities, in two sections, first by risk and second by geolocation.
GeoLocation divisions are divided into two fields, Black List and Gray List.
BlackList is a list of all companies, organizations and figures who originate from Iran.
GrayList is a list of all companies, organizations and figures out of Iranian borders, and doing business with Iran.
We identify risk of entities by COLOR selection, each color marks the risk level of the entity.(by declining order)
Designated / Sanctioned / Illicit entities
Entities affiliated with Designated / Sanctioned / Illicit entities.
Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.
Entities in a problematic sector - Sector controlled by the Top Alert entities.
Legitimate entities - we cannot determine whether an entity is completely green, and that is due to the facts that the Iranian economy is not transparent enough for us. Be sure.