Info:
Triliance uses numerous other companies to hide its involvement in petrochemical sales. Triliance used UAE-based Trio Energy DMCC (Trio Energy) to broker the sales of tens of thousands of metric tons of petroleum products, using Trio Energy accounts to settle fees owed by Triliance;
In January 2020, OFAC sanctioned Triliance and three other petrochemical and petroleum companies that have collectively transferred the equivalent of hundreds of millions of dollars’ worth of exports from the National Iranian Oil Company (NIOC), which helps to finance Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and its terrorist proxies. Iran’s petroleum and petrochemical industries are major sources of revenue for the Iranian regime and fund its malign activities throughout the Middle East. Triliance has used various front companies to purchase, or facilitate the purchase and movement of, petrochemical products from Iran, and the entities targeted today help facilitate Iran’s petrochemical and petroleum exports in contravention of U.S. economic sanctions;
Industry:
Oil Industry
Involved In:
Nuclear Weapon Program
Missile Weapon Program
Also Known As:
Trio Energy DMCC
Country:
United Arab Emirates
Address:
Jumeirah Lake Towers Unit 2903, SABA 1 Tower, Plot JLT-PH1-E3A, Dubai, United Arab Emirates
License:
DMCC564257 (United Arab Emirates)