Council Implementing Regulation (EU) 2015/2204 of 30 November 2015 implementing Regulation (EU) No 267/2012 concerning restrictive measures against Iran
Date: 2015-11-30
Institutions: Council of the European Union
Subjects: Iran, economic sanctions, international sanctions, investment company, legal person, oil industry








L_2015314EN.01001001.xml










1.12.2015   


EN


Official Journal of the European Union


L 314/10








            COUNCIL IMPLEMENTING REGULATION (EU) 2015/2204
of 30 November 2015
         
implementing Regulation (EU) No 267/2012 concerning restrictive measures against Iran


THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union,


Having regard to Council Regulation (EU) No 267/2012 of 23 March 2012 concerning restrictive measures against Iran and repealing Regulation (EU) No 961/2010 (1), and in particular Article 46(2) thereof,


Having regard to the proposal from the High Representative of the Union for Foreign Affairs and Security Policy,

Whereas:







(1)


On 23 March 2012, the Council adopted Regulation (EU) No 267/2012 concerning restrictive measures against Iran.












(2)


By its judgment of 18 September 2015 in Case T-121/13, the General Court of the European Union annulled the Council's decision to include Oil Industry Pension Fund Investment Company (OPIC) on the list of persons and entities subject to restrictive measures set out in Annex IX to Regulation (EU) No 267/2012.












(3)


OPIC should be included again on the list of persons and entities subject to restrictive measures, on the basis of a new statement of reasons.












(4)


Regulation (EU) No 267/2012 should therefore be amended accordingly,





HAS ADOPTED THIS REGULATION:



Article 1
Annex IX to Regulation (EU) No 267/2012 is amended as set out in the Annex to this Regulation.


Article 2
This Regulation shall enter into force on 1 December 2015.




This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 30 November 2015.


For the Council


The President

J. ASSELBORN
            





(1)  
            OJ L 88, 24.3.2012, p. 1.




ANNEX
The entity listed below is inserted in the list set out in Part I of Annex IX to Regulation (EU) No 267/2012:
I.   Persons and entities involved in nuclear or ballistic missile activities and persons and entities providing support to the Government of Iran
B.   Entities










 


Name


Identifying information


Reasons


Date of listing




‘159.


Oil industry Pension Fund Investment Company (OPIC)


No 234, Taleghani St, Tehran, Iran


OPIC provides significant support to the Government of Iran by providing financial resources and financing services for oil and gas development projects to a variety of entities linked to the Government of Iran, including subsidiaries of state owned companies (NIOC). Also, OPIC has owned IOEC (Iranian Offshore Engineering Construction Co.) which is EU designated for providing logistical support to the Government of Iran.
The oil and gas sector constitutes a significant source of funding for the Government of Iran, and there is a potential connection between Iran's oil revenue derived from its energy sector and the funding of Iran's proliferation sensitive activities.
The Managing Director of OPIC is Naser Maleki, who is a United Nations designated individual on the grounds of being Head of the Shahid Hemat Industrial Group (SHIG) and also a MODAFL (Iranian Ministry of Defence and Armed Forces Logistics) official overseeing the work on the Shahab 3 ballistic missile programme (Iran's long range ballistic missile currently in service). SHIG is a United Nations designated entity on the grounds that it is a subordinate entity of Aerospaces Industries Organisation (AIO, which is an EU-designated entity) and involved in Iran's ballistic missile programme. Accordingly, OPIC is directly associated with Iran's proliferation-sensitive nuclear activities or the development of nuclear weapons delivery systems.


1.12.2015’