Petrogat

ifmat-blackcompanies

Petrogat FZE has purchased from NICO shipments of crude oil worth tens of millions of dollars

Country:

United Arab Emirates  

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

Info:
Petrogat FZE has purchased from Naftiran Intertrade Company Srl (NICO) shipments of crude oil worth tens of millions of dollars;

Since 2019, UAE-based Iranian nationals Morteza Rajabieslami (Rajabieslami) and Mahdieh Sanchuli (Sanchuli) have partnered to export Iranian crude oil and petrochemical products on behalf of Switzerland-based Naftiran Intertrade Company (NICO), the marketing arm of NIOC, through companies and vessels under their control. Rajabieslami owns an extensive network of companies engaged in refining, energy trading, shipping, and bunkering, which have facilitated the shipment of thousands of metric tons of fuel oil worth millions of dollars from Iran. These companies have been involved in contracts valued in the tens of millions of dollars related to the sale of petroleum products from NICO;

Sanchuli, an experienced petroleum sales facilitator who has served as a representative of UAE-based companies Petrogat FZE and Emerald Global FZE, has purchased from NICO shipments of crude oil worth tens of millions of dollars. Sanchuli has paid NICO tens of millions of dollars on behalf of Petrogat FZE to facilitate multiple shipments of oil from Iran to East Asia for the benefit of NICO;

NICO was identified pursuant to E.O. 13599 on November 26, 2008, for being owned or controlled by the Government of Iran;

Morteza Rajabieslami, Mahdieh Sanchuli, Petrogat FZE, and Emerald Global FZE are being 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, NICO.

Also Known As:
Petrogat FZE

Country:
United Arab Emirates

Address:
Ras Al Khaimah, United Arab Emirates

License:
5017709 (United Arab Emirates) expires 01 Mar 2020

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 July 6, 2022 pursuant to Executive Order 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, NICO;