Info:
ALWANEO CO L.L.C is an indigenous service provider to the oil and gas industry in UAE. It was incorporated as a limited liability company in UAE in 2014 to carry on the business of marketing, supply and trading of crude oil and petroleum products. It is also involved in the business of drilling support for the oil and gas industry; environmental management; marine logistics and support; and project management;
In 2019, Alwaneo LLC purchased hundreds of thousands of metric tons of petroleum products from the National Iranian Oil Company (NIOC). Iran’s petroleum and petrochemical industries are major sources of revenue for the Iranian regime, which has used these funds to support the Islamic Revolutionary Guard Corps-Qods Force’s (IRGC-QF) malign activities throughout the Middle East, including the support of terrorist groups;
Alwaneo Trade DMCC falsified the origin of Iranian petroleum products shipped to the UAE;
Alwaneo LLC is designated pursuant to E.O. 13846 for on or after November 5, 2018, having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of, NIOC, a person included on the List of Specially Designated Nationals and Blocked Persons whose property and interests in property are blocked pursuant to E.O. 13599;
“The Iranian regime uses revenues from petroleum and petrochemical sales to fund its terrorist proxies, like the IRGC-QF, instead of the health and well-being of the Iranian people,” said Secretary Steven T. Mnuchin. “The Trump Administration will continue to target and isolate those who support the Iranian regime and remains committed to facilitating humanitarian trade and assistance in support of the Iranian people.”;
Industry:
Oil Industry
Also Known As:
Alwaneo Co. L.L.C.
Alwaneo Trade DMCC
Country:
United Arab Emirates
Address:
Plot No. 133-257, Dubai, United Arab Emirates
Website:
www.alwaneo.com
E-mail:
info@alwaneo.com