Farab (Private Joint Stock), as a skilled and responsible general contractor, has tried to move toward excellence since 1992. Having successfully completing more than 30 projects, Farab is currently working on different domestic and international projects in a wide variety of fields such as hydro power plants, thermal power plants, oil, gas, petrochemical projects, railway industries, civil works, smart grid, water treatment plants, water desalination plants, and operation and maintenance of power plants.
Farab Company is working with entities controlled by the terrorist organization IRGC. The chairman of Farab Co., Mohammad Ali Yazdan Joo, is under US Sanctions for being a member of the board of directors or a senior executive officer of Bonyad Mostazafan (Bonyad Mostazafan or Bonyad Foundation is controlled by the IRGC and Supreme Leader of Iran).
Farab Company is working in the following industries according to their official website:
– Power
– Rail
– Oil, Gas and Petrochemical
– Water
– Civil
– Operations and Maintenance
– Smart Grid
Iranian Oil, Gas sector is controlled by the terrorist organization IRGC. Funds received from oil are being used to sponsor terrorist organizations, terrorist attacks around the world.
According to the U.S. Treasury Department – Individuals and entities engaged in certain transactions involving petroleum or petroleum products from Iran or certain Iran-related persons on the SDN List should be aware that engaging in such conduct may result in designation or other sanctions under U.S. sanctions authorities unless an exception applies. Those who knowingly engage in significant transactions for the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran — or knowingly provide significant support to an Iranian person on OFAC’s List of Specially Designated Nationals and Blocked Persons (SDN List) — are at serious risk of being targeted by the United States for sanctions, regardless of the location or nationality of those engaging in such activities. Further, persons providing bunkering services to vessels transporting petroleum or petroleum products from Iran risk being subject to sanctions unless an applicable waiver or exception applies.The United States continues to take strong action to deny the Government of Iran funds derived from the illicit exportation of petroleum or petroleum products from Iran;
The current CEO at Farab group according to their website is Ali Vakili. He was managing director at Pars Oil and Gas Company which is under US sanctions.
Farab Company Subsidiaries:
– Farab Equipment Manufacturing Co.
– Nardis Energy Projects Co.
– Farab Construction Co.
– Farab Operations and Maintenance Co.
– Farab Oil and Gas Co.
– Project Companies
1. Sangab Co.
2. Yazd Power Generation Co.
3. Islam Abad Power Generation Co.
– Farab Investment and Trade Co.
– Arman Farab
Projects:
1. Remaining mechanical and piping works, painting and insulation of phases 22, 23 & 24 (units 147, 148, 108-3, 4) in South Pars gas field
– Client: Petro Sina Aria Co.– Main Contractor: Farab Construction Co.
– Location: Bushehr, Iran
Petro Sina Arya is working with SADRA t implement South Pars phase 22; SADRA is Iranian entity that is owned or controlled by the Khatam al-Anbiya Construction Headquarters, entity controlled by IRGC;
2. Piping and mechanical works of Tombak export & service port
– Client: Iranian Petro Paydar Co.
– Main Contractor: Farab Construction Co.
– Location: Bushehr, Iran
3. Remaining mechanical and piping works of phase 13 (units 147 and 148) in South Pars gas field
– Client: Iranian Petro Paydar Co.
– Main Contractor: Farab Construction Co.
– Location: Bushehr, Iran
Petro Paydar Iranian Inc. was contracted to complete the $5 billion development project for Phase 13 of the South Pars gas field in June 2010 together with designated Iranian Marine Industrial Company. SADRA also known as “Iran Marine Industrial Company” – Owned or controlled by the Khatam al-Anbiya Construction Headquarters (KAA), according to the European Union, which is an Islamic Revolutionary Guard Corps (IRGC)-owned company.
4. Rehabilitation of crude oil foalting roof storage tank B1
– Client: South Oil Co.
– Main Contractor: Nardis Energy Projects
– Location: Basra, Iraq
The National Iranian South Oil Company (NISOC) is a government-owned corporation under the direction of the Ministry of Petroleum of Iran, and operates as a subsidiary of National Iranian Oil Company;
5. Assaluyeh tankage and condensate metering station
– Client: Pars Oil & Gas Co.
– Main Contractor: Nardis Energy Projects
– Location: Bushehr, Iran
Pars Oil and Gas Company is a subsidiary of National Iranian Oil Company (NIOC); Pars Oil and Gas Company 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 November 05, 2018 as an entity determined to be owned or controlled by the Government of Iran.
6. Sabzab-Rey sour crude oil pipeline
– Client: National Iranian Oil Engineering and Construction Co.
– Main Contractor: Ghadir JV (Nasr Misagh ahvaz, Scetiran, Nardis Energy Projects)
– Location: Khuzestan to Tehran, Iran
National Iranian Oil Engineering and Construction Company, NIOEC, is responsible for the implementation of the Iran’s infrastructure projects in the field of petroleum refining, petroleum and products pipelines and depots as well as Iran’s joint venture overseas petroleum related projects.
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating the National Iranian Oil Engineering and Construction Company (NIOEC) pursuant to E.O. 13224, as amended, for being owned, controlled, or directed by, or having acted or purported to act for or on behalf of, directly or indirectly, the Ministry of Petroleum;
7. Utility and offsite units of Bushehr Petrochemical Complex
– Client: Bushehr Petrochemical Co.– Main Contractor: Nardis Energy Projects
– Location: Bushehr, Iran
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.
8. Pardis petrochemical Complex (Phase 3- Ammonia & Utility)
– Client: Pardis Petrochemical Co.
– Main Contractor: Nardis Energy Projects
– Location: Bushehr, Iran
9. Foroozan offshore complex renovation and reconstruction
– Client: Iranian Offshore Oil Co.
– Main Contractor: Nardis Energy Projects – ARPA JV
– Location: Persian Gulf, Iran
10. Iran LNG gas treating unit
– Client: Iran Liquefied Natural Gas Co.
– Main Contractor: Nardis Energy Projects
– Location: Bushehr, Iran
11. Nar gas compressor station
– Client: Iranian Central Oil Field Co.
– Main Contractor: Farab
– Location: Bushehr, Iran
Accroding to their projects Farab Group manages/managed projects through its subsidiaries that involved entities connected to the IRGC and entities owned or controlled by the Iranian regime.
Farab is a member of the following national and international organizations:
1. Iranian Human Resource Management Society
2. International Consultants and Constructors Association of Iran
3. Iranian Power Generation Companies Syndicate
4. Association of Banking & Credit Investment Consultants
5. Railasso – Iranian Rail Industries Association
6. Iran – Oman Chamber of Commercial, Industries, Mines and Agriculture
7. Iran – Kazakhstan Chamber of Commercial, Industries, Mines and Agriculture IPMA
8. Iranian Project Management Association
9. Iranian Rail Transportation Engineering Association
Arman Farab – Subsidiary
Arman Farab is located in Yerevan, Armenia.
ARMAN FARAB has emerged from commercial division of FARAB for the purpose of expanding export volume of the Country.
ARMAN FARAB enjoys the potential and experience of FARAB Co gathered to many years of International trade. Our team of experts is our real asset working with reliable and skilled personnel making management of export to different markets globally.
They are working in:
– Oil and Gas (Petroleum Products, Petrochemical Products, Bitumen, Mineral Oil, Fertilizer Urea, …)
– Building (Ceramic, Cement, Plaster, Steel, building stones, Glass, Tile, …)
– Electrical (cables, Wires, Lighting System, Switchgear, Transformers, Battery, Instrumentation, Electric Motor, …)
– Mechanical (Pumps, Boilers, Tanks, HVACs, Valves, …)
– Metals (Copper, Steel, Aluminum, …)
– Food Items
Farab Company Management:
According to online records Farab Company was managed by people with close connections to the terrorist organization IRGC and Iranian regime.
1. Mousa Refan – Member of the Board “Farab Company” 1993-2005
– Refan was one of the Muslim Student Followers of the Imam’s Line taking over the U.S. embassy in 1979, who entered Islamic Revolutionary Guard Corps (IRGC) and reached at top of its command hierarchy. He was founder and the first commander of the IRGC’s Air Force.
2. Amin Hadjirasouliha
Amin Hadjirasouliha has worked in companies that are connected to the terrorist organization IRGC.
Managing Director of Farab Company 2000-2009
Member of the Board – Farab Company 2009-2010
Chairman of the Board – Sangab Company 2006- 2010
Member of the Board – Nardis Company Since 2008
Chairman of the Board – Farab International Company Since 2007
Member of the Board Tana Energy Management Company Since 2010
Managing Director of Tana Energy Management Company 2010-2014
Member of the Board and Managing Director of Tana Energy International Engineering 2014-Now
3. Behzad Eslahchi
Behzad Eslahchi has also worked in companies that are connected to the terrorist organization IRGC.
Managing Director of Sangab Company (The Company is responsible for the construction of a Dam and Hydro Power Plant in Tajikistan) 2006-2010
Chairman of the Board – Sangab Company Since 2010
Member of the Committee in charge of preparation of Export Promotion Document in the field of Hydro and Power Industry for the Ministry Of Energy 2008-2010
Managing Director of Tana Energy International Engineering 2010-2014
Member of the Board of Directors of Tana Energy Management Company Since 2010
Managing Director of Tana Energy Management Company Since 2014
Other partners:
Farab Company have worked with Safa Nicu, Saba Power and Water Industries Investment, Negarandish Company.
1. Safa Nicu
A communications company; business activities include design, procurement, installation, and testing of equipment for power, steel, and petrochemical projects;
Reportedly supplied equipment for the Fordow (Qom) uranium enrichment facility;
Clients reportedly include Farab Company and Mobarakeh Steel Complex;
2. Saba Power and Water Industries Investment
– Saba Power and Water Industries Investment is owned and controlled by OFAC-designated entity Mahab Ghodss Consulting Engineering Company. Mahab Ghodss Consulting Engineering Company is designated for being owned or controlled by the government of Iran;
3. Negarandish Company
– Negarandish Company is working with sanctioned Iranian entities which are owned or controlled by the Iranian government or the terrorist organization IRGC.
Individuals and entities engaged in certain transactions with Farab Company should be aware that engaging in such conduct may result in designation or other sanctions under U.S. sanctions authorities.