Mid Oil Asia Pte Ltd

Status:
Medium Alert – Entity sanctioned in the past for terror, WMD and human rights violation

Info:
Mid Oil Asia is Singapore based company;

Singapore-based Mid Oil Asia is used by National Iranian Tanker Company to make National Iranian Tanker Company’s urgent payments in violation of international sanctions. For example, Mid Oil Asia was used by National Iranian Tanker Company to transfer funds to an Egypt-based company and to ensure the payment documents did not mention the name of the vessels or Iran, the country which owned them;

Mid Oil Asia was designated pursuant to E.O. 13645 for providing material support to National Iranian Tanker Company, broadens existing sanctions with respect to Iran, including imposing sanctions on persons that materially assist certain other persons whose property and interests in property are already blocked;

National Iranian Tanker Company was identified as part of the Government controlled entity in July 2012;

Also Known As:
Mid Oil Asia
Mid Oil Asia Limited

Country:
Singapore

Address:
Harbourfront Centre 1 Maritime Square #09-09 Singapore 099253

Website:
www.midoilasia.com

E-mail:
midoilsg@singnet.com.sg
info@midoilasia.com

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the Treasury Department’s Office of Foreign Assets Control (OFAC), freezing his assets under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems;
» Removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action;

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