Risk Level:
99% May harm your business future; Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action;

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Status:
Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Info:
Pars Oil Company is an oil refining company with headquarters in Tehran;

Pars Oil Company was founded in 1959 as a joint-stock company by Abdol-Ali Mirza Farmanfarmaian and some of his relatives, later adding more stock holders. It was admitted to the Tehran Stock Exchange in 1962. After the Islamic Revolution of 1979, the company was ceased by the revolutionary government and passed on to the control of the Mostazafen Foundation of Islamic Revolution, a government owned umbrella group set up as part of the nationalisation efforts of the new government. In the 1990s, some of the stocks were returned to former stock holders. In 2000, Foad Rey purchased 48.7 percent of Pars Oil Company stocks;

The company’s main product are gasoline engine oils, diesel engine oils, automotive gear oils, industrial oils, antifreezes, brake fluids, greases and marine oils;

According to U.S. Treasury, Pars Oil Company is affiliated with EIKO (aka Setad). Tadbir Energy Development Group, is a stockholder in Pars Oil Company (Public Joint Stock) – 75%;

Involved In:
Nuclear Weapon Program

Industry:
Oil and gas

Also Known As:
Pars Oil
Pars Oil Co.
Sherkat Naft Pars Sahami AAM

Country:
Iran

Address:
Iran
No. 346, Pars Oil Company Building, Modarres Highway, East Mirdamad Boulevard, Tehran 1549944511, Iran
Postal Box 14155-1473, Tehran 159944511, Iran

Phone:
(+98) 21 – 22 22 95 00

Website:
www.parsoilco.com

E-mail:
info@parsoilco.com
export@parsoilco.com

Person of interests:
Hamid reza Khalili(CEO)
Parviz Raahat(CHAIRMAN OF THE BOARD)

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on 11/5/2018 pursuant to Executive Order 13224;


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IFMAT Color Guide

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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)
 
TOP ALERT
Designated / Sanctioned / Illicit entities
 
HIGH ALERT
Entities affiliated with Designated / Sanctioned / Illicit entities.
 
MEDIUM ALERT
Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.
 
RISK ALERT
Entities in a problematic sector - Sector controlled by the Top Alert entities.
 
GENERAL ALERT
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.