National Iranian Oil Products Distribution Company

Subsidiary of the National Iranian Oil Refining and Distribution Company (NIORDC)

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

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:
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating the National Iranian Oil Products Distribution Company 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;

The Iranian Ministry of Petroleum has been used by individuals at the highest levels of the Iranian regime to facilitate the IRGC-QF’s revenue generation scheme. In mid-2019, the Ministry of Petroleum arranged the loading of hundreds of thousands of barrels of oil for shipments to Syria, and in mid-2020 the IRGC-QF and senior regime officials coordinated to use the Ministry of Petroleum to procure U.S. dollars for the benefit of the IRGC-QF;

“The regime in Iran uses the petroleum sector to fund the destabilizing activities of the IRGC-QF,” said Secretary Steven T. Mnuchin. “The Iranian regime continues to prioritize its support for terrorist entities and its nuclear program over the needs of the Iranian people.”

National Iranian Oil Products Distribution Company is a subsidiary of the National Iranian Oil Refining and Distribution Company (NIORDC);

Also Known As:
NIOPDC
National Iranian Oil products distribution co.

Involved In:
Nuclear Weapon Program
Military Weapon Program

Country:
Iran

Address:
No.1, Tehran, Iranshahr Ave.Shadab.St, P.O.Box: 79145/3184

Phone:
+98-21-77606030

Website:
www.niopdc.ir

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 October 26, 2020 pursuant to Executive Order 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;
» Listed by the European Union as an entity linked to Iran’s proliferation-sensitive nuclear activities or Iran’s development of nuclear weapon delivery systems;
» Removed from the E.U. list in January 2016 as part of the Joint Comprehensive Plan of Action;