Faylaca Petroleum

Makes payments on behalf of the Iranian government’s National Iranian Oil Company (NIOC), with other Sima General Trading-associated front companies have worked with Iran to market crude oil and petroleum products and have also collaborated to obscure the origin of Iranian gas condensate

Status:Medium Alert – Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.

Risk Level:unknown %

Info:
Faylaca Petroleum makes payments on behalf of the Iranian government’s National Iranian Oil Company (NIOC);

Faylaca Petroleum and other Sima General Trading-associated front companies, known to have worked with Iran to market crude oil and petroleum products, have also collaborated to obscure the origin of Iranian gas condensate;

Also Known As:
Faylaca Petroleum Suppliers Est.

Involved In:
Nuclear Weapon Program

Country:
United Arab Emirates

Address:
Office No. 209, Tower A, Al Majarah, P.O. Box 44636, Sharjah, Dubai, United Arab Emirates

Website:
www.faylacapetroleum.com

E-mail:
info@faylacapetroleum.com

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);
» Removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action;