The State Department is designating Bushehr Petrochemical, pursuant to Section 3(a)(ii) of E.O. 13846, for knowingly engaging in a significant transaction for the transport of petroleum products from Iran.
The United States is committed to significantly reducing Iranian energy exports and will sanction those facilitating Iran’s petroleum and petrochemical trade.
The National Iranian Oil Company, a government-owned corporation under the direction of the Ministry of Petroleum of Iran, is a national oil and natural gas producer and distributor headquartered in Tehran;
According to their official website, SPI International Proprietary is working with Bushehr Petrochemical. On March 18, the U.S. Department of State imposed sanctions, pursuant to Executive Order (E.O.) 13846, on SPI International Proprietary for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petrochemical products from Iran;
Also Known As:
Bushehr Petrochemical Co.
Bushehr Petrochemical Company
No. 7, 3rd and 4th Floor, Sattarkhan St., Habib Elah St., Metolian Blvd., Tehran 1455693916, Iran
Pars Energy Special Economic Zone, Petrochemical Complexes Phase II, Asalouye, Bushehr 7511811374, Iran
Asli Neighborhood, Asli Road Street, Nakhl Taqi’s 15 Kilometer Road, Number 0, Ground Floor, Nakhl Taqi, Bushehr 7511811374, Iran
Reason for the color:
» the Department of the State is designating six entities that have engaged in the transport or sale of Iranian petroleum products or petrochemical products, pursuant to Executive Order (E.O.) 13846, and is identifying 20 vessels as property or interests in property of these entities – March 2, 2023;