Council Decision (CFSP) 2025/1978 of 29 September 2025 amending Decision 2010/413/CFSP concerning restrictive measures against Iran
Date: 2025-09-29
Institutions: Council of the European Union
Subjects: EU restrictive measure, Iran, economic sanctions, international sanctions, legal person, natural person








L_202501978EN.000101.fmx.xml












Official Journal of the European Union


EN
L series













2025/1978


29.9.2025







            COUNCIL DECISION (CFSP) 2025/1978
         
of 29 September 2025
         
amending Decision 2010/413/CFSP concerning restrictive measures against Iran


THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on European Union, and in particular Article 29 thereof,


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

Whereas:







(1)


On 26 July 2010, the Council adopted Decision 2010/413/CFSP (1) concerning restrictive measures against Iran.












(2)


On 14 July 2015, China, France, Germany, the Russian Federation, the United Kingdom and the United States, supported by the High Representative of the Union for Foreign Affairs and Security Policy (the ‘High Representative’), reached an agreement with Iran on a long-term comprehensive solution to the Iranian nuclear issue. The full implementation of the Joint Comprehensive Plan of Action (‘JCPOA’) was to ensure the exclusively peaceful nature of the Iranian nuclear programme, and provide for the comprehensive lifting of all nuclear-related sanctions.












(3)


On 20 July 2015, the United Nations Security Council (UNSC) adopted Resolution 2231 (2015) endorsing the JCPOA, urging its full implementation in accordance with the timetable established in the JCPOA and providing for actions to take place in accordance with the JCPOA.












(4)


On 20 July 2015, the Council welcomed and endorsed the JCPOA and committed itself to abiding by its terms and to following the agreed implementation plan. The Council also fully supported UNSC Resolution 2231 (2015).












(5)


On 18 October 2015, the Council adopted Declaration 2015/C 345/01 (2) noting that the commitment to lift all European Union nuclear-related sanctions in accordance with the JCPOA was without prejudice to the dispute resolution mechanism set out in the JCPOA and to the reintroduction of Union sanctions in case of significant non-performance by Iran of its commitments under the JCPOA. Furthermore, the Council committed to reintroduce without delay all Union nuclear-related sanctions that have been suspended or terminated in case of significant non-performance by Iran of its commitments under the JCPOA upon joint recommendation to the Council by the High Representative, France, Germany and the United Kingdom.












(6)


On 14 January 2020, the High Representative as Coordinator of the Joint Commission of the JCPOA (the ‘Coordinator’) received a letter from the Foreign Ministers of France, Germany and the United Kingdom referring a matter concerning the implementation of Iran’s commitments under the JCPOA to the Joint Commission for resolution through the Dispute Resolution Mechanism, as set out in paragraph 36 of the JCPOA. On the same day, the Coordinator issued a statement indicating that he would oversee the Dispute Resolution Mechanism process (the ‘process’).












(7)


On 24 January 2020, the Coordinator issued a statement indicating that, pursuant to the process, he had undertaken extensive bilateral and collective consultations and that all JCPOA participants had reconfirmed their determination to preserve the JCPOA, which was in the interest of all. The Coordinator indicated that, notwithstanding differences on modalities, there was agreement that more time was needed due to the complexity of the issues involved. The timeline for the process was therefore extended. All parties involved agreed to pursue expert-level discussions addressing concerns regarding nuclear implementation, as well as the wider impacts of the withdrawal of the United States from the JCPOA and its re-imposition of sanctions against Iran, concerning which all JCPOA participants had expressed regret.












(8)


On 21 December 2020, in a Joint Ministerial Statement on the JCPOA, the JCPOA participants re-emphasised their commitment to preserving the agreement and stressed their respective efforts in this regard. The statement indicated that the Ministers had discussed how full and effective implementation of the JCPOA by all remained crucial as well as the need to address ongoing implementation challenges, including on nuclear non-proliferation and sanctions-lifting commitments. The Ministers agreed to continue their dialogue to ensure full JCPOA implementation by all sides. The Ministers acknowledged the prospect of a return of the United States to the JCPOA and underlined their readiness to positively address that return in a joint effort.












(9)


From April 2021 to August 2022, the Coordinator led diplomatic talks to negotiate the return of the United States to the JCPOA and to ensure the full and effective implementation of the JCPOA by Iran. Despite these efforts, including several meetings of the Joint Commission during that period, it was not possible to reach an agreement.












(10)


On 14 September 2023, the Coordinator received a letter from the Foreign Ministers of France, Germany and the United Kingdom related to the implementation of the JCPOA. The Foreign Ministers stated that Iran was in non-compliance since 2019 and that they considered that this had not been resolved through the process. They expressed their intention not to take steps regarding the lifting of further sanctions on 18 October 2023, JCPOA Transition Day. On the same day, the Coordinator issued a statement indicating that that he had circulated the ministerial letter to the other JCPOA participants, and that he would consult with all JCPOA participants on the way forward.












(11)


On 6 October 2023, the Coordinator issued a statement indicating that following consultations with JCPOA participants, the issue concerning the implementation of Iran’s commitments under the JCPOA remained unresolved given the diverging views expressed.












(12)


On 16 October 2023, the Council adopted Decision (CFSP) 2023/2195 (3) which amended Decision 2010/413/CFSP. The Council considered that the Union had valid grounds for maintaining after JCPOA Transition Day the restrictive measures against certain persons and entities listed in Annexes I and II to Council Decision 2010/413/CFSP and Annexes VIII and IX to Council Regulation (EU) No 267/2012 (4). Therefore, the names of those persons and entities were transferred from Annex I to Council Decision 2010/413/CFSP to Annex II to that Decision and from Annex VIII to Council Regulation (EU) No 267/2012 to Annex IX to that Regulation.












(13)


The Council further considered that the Union had valid grounds for maintaining after JCPOA Transition Day the restrictive measures on financial messaging services, related to the transport sector, related to proliferation-sensitive nuclear activities and associated services, and those on metals and associated services, on software and associated services, and on arms and associated services.












(14)


The Council also considered that the Union had valid grounds for not terminating after JCPOA Transition Day, the restrictive measures, which were suspended on JCPOA Implementation Day by Council Decision (CFSP) 2015/1863 (5).












(15)


On 28 August 2025, the Coordinator and the President of the UNSC received a letter from the Foreign Ministers of France, Germany and the United Kingdom related to the implementation of the JCPOA. Through this letter, the Foreign Ministers notified the UNSC that, based on factual evidence, they believed Iran to be in significant non-performance of its commitments under the JCPOA, thereby opening the procedure to reinstate the UN sanctions lifted under UNSC Resolution 2231 (2015), in line with paragraph 11 of UNSC Resolution 2231 (2015).












(16)


On 29 August 2025, in line with Council Declaration 2015/C 345/01, the High Representative, France and Germany sent a joint recommendation to the Council, recommending that all Union nuclear-related sanctions that had been suspended or terminated, or both, be introduced without delay, once the UN sanctions have been reinstated, in line with UNSC Resolution 2231 (2015).












(17)


By 27 September 2025, the UNSC had not adopted a new resolution to continue lifting sanctions within 30 days of the notification of 28 August 2025. Therefore, in line with the provisions of paragraph 37 of the JCPOA, the provisions of UNSC Resolutions 1696 (2006), 1737 (2006), 1747 (2007), 1803 (2008), 1835 (2008) and 1929 (2010) are to be re-imposed.












(18)


Decision 2010/413/CFSP should therefore be amended accordingly,





HAS ADOPTED THIS DECISION:



Article 1
Annex II to Decision 2010/413/CFSP is amended in accordance with the Annex to this Decision.


Article 2
This Decision shall enter into force on the date of its publication in the Official Journal of the European Union.




Done at Brussels, 29 September 2025.


For the Council


The President

M. BØDSKOV
            





(1)  Council Decision 2010/413/CFSP of 26 July 2010 concerning restrictive measures against Iran and repealing Common Position 2007/140/CFSP (OJ L 195, 27.7.2010, p. 39, ELI: http://data.europa.eu/eli/dec/2010/413/oj).

(2)  Council Declaration 2015/C 345/01 of 18 October 2015 (OJ C 345, 18.10.2015, p. 1).

(3)  Council Decision (CFSP) 2023/2195 of 16 October 2023 amending Decision 2010/413/CFSP concerning restrictive measures against Iran (OJ L, 2023/2195, 17.10.2023, ELI: http://data.europa.eu/eli/dec/2023/2195/oj).

(4)  Council Regulation (EU) No 267/2012 of 23 March 2012 concerning restrictive measures against Iran and repealing Regulation (EU) No 961/2010 (OJ L 88, 24.3.2012, p. 1, ELI: http://data.europa.eu/eli/reg/2012/267/oj).

(5)  Council Decision (CFSP) 2015/1863 of 18 October 2015 amending Decision 2010/413/CFSP concerning restrictive measures against Iran (OJ L 274, 18.10.2015, p. 174, ELI: http://data.europa.eu/eli/dec/2015/1863/oj).




ANNEX
Annex II to Decision 2010/413/CFSP is amended as follows:






(1)


under the heading ‘I. Persons and entities involved in nuclear or ballistic missile activities and persons and entities providing support to the Government of Iran.’, subheading ‘A. Persons’, the following entries are deleted:






18.


Mohammad AHMADIAN










21.


Masoud AKHAVAN-FARD










44.


Majid NAMJOO










45.


Babak ZANJANI;














(2)


under the heading ‘I. Persons and entities involved in nuclear or ballistic missile activities and persons and entities providing support to the Government of Iran.’, subheading ‘A. Persons’, the entries for the persons listed below are replaced by the following:









 


Name


Identifying information


Reasons


Date of listing




‘1.


Reza AGHAZADEH


DOB: 14.3.1949
POB: Khoy, Islamic Republic of Iran
Gender: male


Reza Aghazadeh is an Iranian national, member of the Expediency Discernment Council. He served as Head of the Atomic Energy Organization between 1997 and 2009. His positions have led him to be at the forefront of the development of Iran’s nuclear programme. He is still consulted by his AEOI colleagues on nuclear issues. Reza Aghazadeh is therefore responsible for directly participating in Iran’s nuclear programme and nuclear escalation.


29.9.2025
(23.4.2007, suspended since 16.1.2016)




3.


Dr Hoseyn (Hossein) FAQIHIAN


DOB: 22.5.1952
POB: Esfahan, Iran
Gender: male


Dr. Hoseyn Faqihian contributed to the Iranian nuclear programme as Director-General of the Nuclear Fuel Production Company and Deputy Director of the AEOI.


29.9.2025
(23.4.2007, suspended since 16.1.2016)




6.


Said Esmail KHALILIPOUR
(a.k.a.: LANGROUDI)


DOB: 24.11.1945
POB: Langroud
Gender: male


Said Esmail Khalilipour is the former Deputy Head of AEOI. The AEOI oversees Iran’s nuclear programme and is designated under UNSCR 1737 (2006). Therefore, Said Esmail Khalilipour is involved in Iran’s nuclear proliferation activities.


29.9.2025
(23.4.2007, suspended since 16.1.2016)




7.


Ali Reza KHANCHI


Address of NRC: AEOI-NRC P.O. Box: 11365-8486 Tehran/ Iran;
Fax: (+9821) 8021412
Gender: male


Ali Reza Khanchi was the head of AEOI’s Tehran Nuclear Research Centre (TNRC) and is a scientist conducting research for the TNRC. The TNRC is involved in experiments on plutonium separation. He continues to cooperate with the Atomic Energy Organisation of Iran (AEOI) as a scientist. Therefore, Khanchi is engaged in and providing support to Iran’s nuclear proliferation activities.


29.9.2025
(23.4.2007, suspended since 16.1.2016




15.


Ali Akbar SALEHI


 


Former Minister for Foreign Affairs. Former Head of the Atomic Energy Organisation of Iran (AEOI). He continues to operate at the intersection of academics and politics and in recent public appearances he has defended and promoted the nuclear industry of Iran. He therefore provides support to the Government of Iran and is providing support for Iran’s proliferation-sensitive nuclear activities.


29.9.2025
(17.11.2009, suspended since 16.1.2016)




19.


Engineer Naser RASTKHAH


Nationality: Iranian
Gender: male


Former Deputy Head of the AEOI. The AEOI oversees Iran’s nuclear programme and is designated under UNSCR 1737 (2006). Rastkhah is currently part of the board of directors of the Iranian Radiation Protection Society, a state institution affiliated with the AEOI, which oversees Iran’s nuclear programme. Rastkhah is therefore engaged in and providing support for Iran’s nuclear programme.


29.9.2025
(23.5.2011, suspended since 16.1.2016)




20.


Behzad SOLTANI


Nationality: Iranian
Gender: male


Former Deputy Head of the AEOI. Soltani is currently involved in research activities relevant for the nuclear industry and is affiliated with government entities like the Iranian Chemical Society (ICS). Therefore, Behzad Soltani provides support for Iran’s proliferation-sensitive nuclear activities.


29.9.2025
(23.5.2011, suspended since 16.1.2016)




38.


Mohammad Reza REZVANIANZADEH


Nationality: Iranian
Gender: male


Mohammad Reza Rezvanianzadeh is affiliated to the Atomic Energy Organization of Iran and to the government entity Geology and Mineral Exploration Organization of Iran. Therefore, he is associated with entities providing support to the Government of Iran.


29.9.2025
(1.12.2011, suspended since 16.1.2016)’














(3)


under the heading ‘I. Persons and entities involved in nuclear or ballistic missile activities and persons and entities providing support to the Government of Iran.’, subheading ‘B. Entities’ the following entries are deleted:






5. (k)


Mehr Cayman Ltd.










5. (l)


Melli Agrochemical Company PJS










5. (n)


Melli Investment Holding International










44.


Onerbank ZAO










50.


Noor Afza Gostar










63.


Pearl Energy Company Ltd










64.


Pearl Energy Services, SA










144.


National Iranian Oil Company Nederland










167.


Iranian Oil Company (U.K.) Limited (IOC);














(4)


under the heading ‘I. Persons and entities involved in nuclear or ballistic missile activities and persons and entities providing support to the Government of Iran.’, subheading ‘B. Entities’ the entries concerning the entities listed below are replaced by the following:









 


Name


Identifying information


Reasons


Date of listing




‘3.


Azarab Industries


Address: Head office: No.15, MollaSadra Ave., Vanak sq., Tehran (Postal Code: 1991913981), Iran; Factory: Sanaat Sq., Arak-Iran, Postal Code: 3818997873


Azarab Industries is involved in the field of nuclear energy production and has close ties to the Atomic Energy Organization of Iran (AEOI). Furthermore, Azarab Industries is linked to Khatam-al Anbiya, an engineering company under the control of the IRGC.
Therefore, Azarab Industries is engaged in and providing support to Iran’s proliferation-sensitive nuclear activities.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




4.


Bank Mellat


Address: Head Office Building, 327 Takeghani (Taleghani) Avenue, Tehran 15817, Iran; P.O. Box 11365-5964, Tehran 15817, Iran


Bank Mellat provides financial support to the Government of Iran, notably by means of loans aimed at supporting unprofitable Government companies. The Iranian Government is also the largest shareholder of Bank Mellat. Therefore, Bank Mellat provides support to the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




5.


Bank Melli,
Bank Melli Iran (including all branches) and subsidiaries


Ferdowsi Avenue, PO Box 11365-171, Tehran, Iran
Registration number: 60FC005874HRB10813


Bank Melli is Iran’s largest bank and is owned and controlled by the Government of Iran and provides services to the Ministry of Defense (MODAFL). Therefore, Bank Melli is is controlled by and provides support to the Government of Iran.


29.9.2025
(23.6.2008, suspended since 16.1.2016)




5. (a)


Arian Bank
(a.k.a. Aryan Bank)


Address: House 2, Street Number 13, Wazir Akbar Khan, Kabul, Afghanistan


Arian Bank is an Afghan joint-venture between Bank Melli and Bank Saderat. Bank Melli is Iran’s largest bank, owned and controlled by the Government of Iran and providing services to the Ministry of Defense (MODAFL).
Bank Saderat is one of Iran’s largest banks, the Government of Iran is one of its major shareholders. It provides financial support to entities close to the IRGC and to proxies of the Government of Iran.
Therefore, Arian Bank is an entity owned and controlled by entities providing support to the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




5. (b)


Assa Corporation


Address: ASSA CORP, 650 (or 500) Fifth Avenue, New York, USA
Tax ID No. 1368932 (United States)


Assa Corporation is an entity owned by Assa Company Ltd, which is a shell company for the Iranian state-controlled Bank Melli, which is controlled by and provides support to the Government of Iran.
Therefore, Assa Corporation is owned or controlled by an entity providing support to the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




5. (c)


Assa Company Ltd


6 Britannia Place, Bath Street, St Helier JE2 4SU, Jersey Channel Islands


Assa Company Ltd is a shell company for the Iranian state-controlled Bank Melli, which is controlled by and provides support to the Government of Iran.
Therefore, Assa Company Ltd is owned or controlled by an entity providing support to the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




5. (d)


Bank Kargoshaie
(a.k.a. Bank Kargoshaee, a.k.a Kargosai Bank, a.k.a Kargosa’i Bank)


Address: 587 Mohammadiye Square, Mowlavi St., Tehran 11986, Iran


Bank Kargoshaie is a subsidiary of Bank Melli. Bank Kargoshaie provides financial services to both individuals and businesses. In turn, Bank Melli is Iran’s largest bank which is owned and controlled by the Government of Iran and provides services to the Ministry of Defense (MODAFL). Therefore, Bank Kargoshaie is owned or controlled by an entity providing support to the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




5. (e)


Bank Melli Iran Investment Company (BMIIC)


Address: No.2, Nader Alley, Vali-Asr Str., Tehran, Iran, P.O. Box 3898-15875
Address: Bldg 2, Nader Alley after Beheshi Forked Road, P.O. Box 15875-3898, Tehran, Iran 15116
Address: Rafiee Alley, Nader Alley, 2 After Serahi Shahid Beheshti, Vali E Asr Avenue, Tehran, Iran
Registration Number: 89584


Bank Melli Iran Investment Company is an Iranian investment bank. Bank Melli Iran Investment Company is owned and controlled by Bank Melli, Iran’s largest bank, which is owned and controlled by and provides support to the Government of Iran. Therefore, Bank Melli Iran Investment Company is owned and controlled by an entity which supports the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




5. (f)


Bank Melli Iran ZAO
a.k.a. Mir Business Bank


Address: Number 9/1, Ulitsa Mashkova, Moscow, 130064, Russia Address: Mashkova st. 9/1 Moscow 105062 Russia
Fax: +7 (495) 9286286, (007495) 6286286
EMail: mbbmos@mbbru.com
Mellimos@BMIRU.com
Mellimos@Rex400.ru
Entity Web Site: www.mbbru.com www.bmiru.com


Bank Melli Iran ZAO is an Iranian bank based in Russia. Bank Melli Iran ZAO is owned and controlled by Bank Melli, Iran’s largest bank, which is owned and controlled by and provides support to the Government of Iran Therefore, Bank Melli Iran ZAO is owned or controlled by an entity providing support to the Government of Iran.


29.9.2025
(23.6.2008, suspended since 16.1.2016)




5. (g)


Bank Melli Printing and Publishing Company
a.k.a. BMPPC


Address:18th Km Karaj Special Road, 1398185611 Tehran, Iran, P.O. Box 37515-183
Address: Km 16 Karaj Special Road, Tehran, Iran
Address: P.O. Box 37515-183, Tehran, Iran
Registration Number: 382231


Bank Melli Printing and Publishing Company is an Iranian printing and publishing company. Bank Melli Printing and Publishing Company is owned and controlled by Bank Melli, which provides support to the Government of Iran. Therefore, Bank Melli Printing and Publishing Company is owned or controlled by an entity providing support to the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




5. (h)


Cement Investment and Development Company
a.k.a. CIDCO
a.k.a.: Cement Industry Investment and Development Company
a.k.a. CIDCO Cement Holding


Address: No 20, West Nahid Blvd. Vali Asr Ave., Tehran, Iran, 1967757451
Address: No. 241, Mirdamad Street, Tehran, Iran


The Cement Investment and Development Company is an Iranian company owned and controlled by Bank Melli Iran Investment Company (BMIIC). BMIIC is owned and controlled by Bank Melli, which, in turn, is owned and controlled by the Government of Iran and provides support to the Government of Iran. Therefore, the Cement Investment and Development Company is owned and controlled by an entity which provides support to the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




5. (i)


First Persian Equity Fund


Address: Walker House, 87 Mary Street, George Town, Grand Cayman, KY1-9002, Cayman Islands
Address: Clifton House, 7z5 Fort Street, P.O. Box 190, Grand Cayman, KY1-1104; Cayman Islands
Address: Rafi Alley, Vali Asr Avenue, Nader Alley, Tehran, 15116, Iran, P.O. Box 15875-3898


The First Persian Equity Fund is an investment fund launched in 2007 by Bank Melli. Bank Melli is Iran’s largest bank which is owned and controlled by the Government of Iran. Therefore, the First Persian Equity Fund is owned and controlled by an entity providing support to the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




5. (j)


Mazandaran Cement Company


Address: 51 Africa Street, Shaheed Sattari Avenue, between Zafar & Mirdamad, 1968856911 Tehran, Iran
Registration number: IR40014GN
Date of registration: 1975


Mazandaran Cement Company is an Iranian company controlled by Bank Melli and the Government of Iran. It serves as a vehicle for Bank Melli’s interests in the cement industry. Therefore, Mazandaran Cement Company is controlled by the Government of Iran and by an entity which provides support to the Government of Iran. Furthermore, it provides support to the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




5. (m)


Melli Bank plc


Address: 98A Kensington High Street, W8 4SG London, United Kingdom
Registration number: GB04152338


Melli Bank PLC is a wholly owned subsidiary of Bank Melli Iran, which is owned by the Government of Iran. Therefore, Melli Bank PLC is owned by an entity which provides support to the Government of Iran.


29.9.2025
(23.6.2008, suspended since 16.1.2016)




5. (o)


Shemal Cement Company
a.k.a: Siman Shomal
a.k.a Shomal Cement Company


Address: No 269 Dr Beheshti Ave. P.O. Box 15875/4571 Tehran – 15146, Iran
Address: Dr Beheshti Ave No. 289, Tehran, 151446, Iran
Address: 289 Shahid Baheshti Ave., P.O. Box 15146, Tehran, Iran


Shemal Cement Company is a cement company controlled by Bank Melli Iran, which is owned and controlled by the Government of Iran and provides support to it. Shemal Cement Company’s main shareholder is the Cement Industries Investment and Development Company, which is majority-owned by the National Development Group Investment, whose main shareholder is Bank Melli Iran.
Therefore, Shemal Cement Company is controlled by an entity providing support to the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




7.


Bank Saderat


Address: Bank Saderat Tower, 43 Somayeh Ave, Tehran, Iran


Bank Saderat is one of Iran’s largest banks. The Government of Iran is one of its major shareholders.
Bank Saderat provides financial support in the form of loans to entities close to the IRGC. It also allows the funnelling of funding to the Iranian Government’s proxies in the region, which are responsible for destabilising activities.
Therefore, Bank Saderat is supporting the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




8.


Sina Bank


187 Mothari Avenue, Tehran, Iran
Registration number: IRFEB54525


Sina Bank is controlled by the Islamic Revolution Mostazafan Foundation, a major Iranian parastatal entity controlled by the Supreme Leader Khamenei, and which has a controlling shareholding in Sina Bank. It provides financial services to the Mostazafan Foundation and its group of subsidiary units and companies. Accordingly, Sina Bank provides financial support to the Government of Iran through the Mostazafan Foundation.


29.9.2025
(8.11.2014, suspended since 16.1.2016)




11. (a)


EDBI Exchange Company
a.k.a. Export Development Exchange Broker Co.


Address: No 20, 13th St., Vozara Ave., Tehran, Iran 1513753411, P.O. Box: 15875-6353
Address: Tose’e Tower, corner of 15th St., Ahmad Qasir Ave.; Argentine Square, Tehran, Iran


EDBI Exchange Company is a subsidiary of the Export Development Bank of Iran (EDBI). It provides foreign exchange services to its customers. EDBI is a state-owned bank which provides support to the Government of Iran. Therefore, EDBI Exchange Company is owned or controlled by an entity providing support to the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




11. (b)


EDBI Stock Brokerage Company


Address: Tose’e Tower, corner of 15th St., Ahmad Qasir Ave.; Argentine Square, Tehran, Iran


EDBI Stock Brokerage Company is a subsidiary of the Export Development Bank of Iran (EDBI). It provides stock brokerage services to its customers. EDBI is a state-owned bank which provides support to the Government of Iran. Therefore, EDBI Stock Brokerage Company is owned or controlled by an entity providing support to the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




11. (c)


Banco Internacional De Desarrollo CA


Address: Urb. El Rosal, Avenida Francesco de Miranda, Edificio Dozsa, Piso 8, Caracas C.P. 1060, Venezuela
Place of registration: Caracas, Venezuela
Date of registration: 2007 or 2008
Registration number: J294640109


The Banco Internacional de Desarrollo (BID) is a Venezuelan entity owned by Export Development Bank of Iran (EDBI), an Iranian entity whose objective is to provide support to the Iranian government. Therefore, BID is owned and controlled by an entity providing support to the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




14.


Future Bank BSC


Address: Block 304. City Centre Building. Building 199, Government Avenue, Road 383, Manama, Bahrain. PO Box 785
Business Registration Number: 54514-1 (Bahrain) expires 9.6.2009; Trade License No 13388 (Bahrain)


Future Bank BSC is an Iranian bank based in Bahrain. Future Bank BSC was created as a joint-venture between Bank Saderat and Bank Melli, two of Iran’s largest banks, which are owned and controlled by and providing support to the Government of Iran. Therefore, Future Bank BSC is owned and controlled by entities that provide support to the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




15.


Industrial Development & Renovation Organization
a.k.a. IDRO


Address: 78/1 Atefi Street and Africa Avenue, Tehran, Iran
Address: P.O. Box 55958, Arbift Tower 1508, Dubai, United Arab Emirates
Address: P.O. Box 16820, Jebel Ali, Dubai, United Arab Emirates
Address: Vali e Asr Building, Vali Asr St, Jam e Jam Ave, Tehran, Iran
Address: P.O. Box 19395-1855, Tehran, Iran
Address: No.2 Vali-Asr Building, Vali-Asr Street, Jam-e-Jam Ave, Tehran, Iran
Date of registration: 1967


The Industrial Development and Renovation Organisation is a government body responsible for acceleration of Iran’s industrialisation. It is involved in the nuclear and missile programmes and provides support to the Iranian industrial sector. Therefore, the Industrial Development and Renovation Organisation is owned or controlled by and supports the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




24.


Kala Naft


Kala Naft Tehran Trading Building, Sepahbod Gharani Street, Karim Khan Zand Avenue, 15988 Tehran, Iran
Registration number: IR0000047040


Kala Naft is a Manufacturing, Support and Procurement Company and a subsidiary of the National Iranian Oil Company (NIOC). NIOC is a State-owned and operated entity providing substantial financial resources to the Government of Iran. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC.
Therefore, Kala Naft is owned and controlled by an entity providing support to the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




25.


Machine Sazi Arak


P.O. Box: 148, KM 4, Tehran Alley, 3818997888 Arak, Iran
Registration number: IR30177GN
Date of registration: 1967


Machine Sazi Arak is an Iranian industrial machinery and equipment manufacturing company. It manufactures equipment for proliferation sensitive activities and lists the Atomic Energy Organization of Iran (AEOI) as well as MODAFL as its customers. It is also affiliated with IDRO that provides manufacturing support to the nuclear programme. Machine Sazi Arak was also involved in the construction of the Arak heavy-water reactor. It also supports oil and gas exploration activities overseen by the Ministry of Petroleum as well as NIOC and its subsidiaries. Therefore, Machine Sazi Arak is involved in the nuclear missile programme, and it provides support to the Government of Iran.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




27.


Power Plants’ Equipment Manufacturing Company
a.k.a. Saakhte Tajhizate Niroogahi


Address: No. 10, Jahanara Alley, after Hemmat Bridge, Abbaspour St. (previously called Tavanir), Tehran, Post Code 1435733161, Iran


The Power Plants’ Equipment Manufacturing Company (SATNA) is subordinate to AEOI and Novin Energy (both designated under UNSCR 1737). It is involved in the development of nuclear reactors.
Therefore, Power Plants’ Equipment Manufacturing Company provides support to Iran’s nuclear-proliferation activities.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




30.


Nuclear Power Production and Procurement Company (NPPD)


No. 8, Tandis St., Africa Ave., Tehran (headquarter), Iran


Nuclear Power Production & Development Company (NPPD) is a subsidiary of AEOI and involved in nuclear power plant development. Therefore, NPPD is engaged in Iran’s proliferation-sensitive nuclear activities.


29.9.2025
(23.4.2007, suspended since 16.1.2016)




36.


Iranian Nuclear Science and Technology Research Institute
a.k.a. Research Institute of Nuclear Science and Technology
a.k.a. Nuclear Science and Technology Research Institute


AEOI, PO Box 14395-836, Tehran, Iran


The Iranian Nuclear Science and Technology Research Institute is affiliated on an official level with the Atomic Energy Organization of Iran (AEOI), which oversees the Iranian nuclear programme. Therefore, the Iranian Nuclear Science and Technology Research Institute is involved in and supports Iran’s proliferation sensitive nuclear activities.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




43.


Europäisch-Iranische Handelsbank (EIH)


Address: Head Office: Depenau 2, D-20095 Hamburg; Kish branch, Sanaee Avenue, PO Box 79415/148, Kish Island 79415
Address: Tehran branch, No. 1655/1, Valiasr Avenue, PO Box 19656 43 511, Tehran, Iran


Europäisch-Iranische Handelsbank (EIH) is owned and controlled by the Iranian Government and the Bank of Industry and Mines.
Therefore, the EIH is an entity owned or controlled by the Government of Iran.


29.9.2025
(23.5.2011, suspended since 16.1.2016)




46.


EMKA Company


Address: P.O. Box 14155-1339, Tehran, Iran


EMKA Company is active in Iran’s nuclear industry. EMKA Company is a subsidiary of TAMAS Company which is a specialised company for the production of raw materials and nuclear fuel in Iran. EMKA Company is specifically responsible for exploration, mining, and mineral processing operations within the nuclear fuel cycle. Therefore, EMKA Company is engaged in and providing support for Iran’s nuclear-proliferation activities.


29.9.2025
(23.5.2011, suspended since 16.1.2016)




53.


Isfahan Nuclear Reactor Fuel Company
a.k.a. Sureh Nuclear Reactors Fuel Company
a.k.a. Nuclear Fuel Reactor Company; Sookht Atomi Reactorhaye Iran; Soukht Atomi Reactorha-ye Iran


Head Office: 61 Shahid Abtahi St, Karegar e Shomali, Tehran, Iran
Complex: Persian Gulf Boulevard, Km 20 SW Esfahan Road, Esfahan; Iran


Previously known as Sureh Nuclear Reactors Fuel Company, it is subordinate to the Atomic Energy Organisation of Iran (AEOI) consisting of the Uranium Conversion Facility, the Fuel Manufacturing Plant and the Zirconium Production Plant.
Therefore, Isfahan Nuclear Reactor Fuel Company is involved in Iran’s proliferation-sensitive nuclear activities.


29.9.2025
(23.5.2011, suspended since 16.1.2016)




69.


Bonab Research Center (BRC)


Address: Jade ye Tabriz (km 7), East Azerbaijan, Iran


The Bonab Research Center is providing research for the design and manufacturing of nuclear components and equipment by Iranian organisations. Therefore, the Bonab Research Center is providing support for Iran’s proliferation-sensitive nuclear activities.


29.9.2025
(23.5.2011, suspended since 16.1.2016)




82.


Uranium Processing Nuclear Fuel Production Company of Iran
a.k.a. FATSA
a.k.a. Uranium Processing and Nuclear Fuel Production Company of Iran
a.k.a. Uranium Processing and Production Company Esfahan Nuclear Fuel
a.k.a. Iran Uranium Processing and Nuclear Fuel Production Company


Address: Atomic Energy Organization of Iran, No. 1995, North Karegar St., West Shahid Seyyed Abbas Abtahi Street 20, Amirabad, Tehran, Iran.
Date of registration: 11.7.2007
Registration number: 300525


Iran’s Uranium Processing and Nuclear Fuel Production Company (FATSA) is active in uranium conversion and related elements, managing and supervising the construction, commissioning, operation and decommissioning of uranium conversion facilities and factories, fuel assembly production and related industries, and carrying out all relevant domestic and foreign transactions in this field, as well as importing or exporting converted fuel assembly materials and factory products. Therefore, it is engaged in, directly associated with, or providing support for Iran’s proliferation-sensitive nuclear activities.
Additionally, it is controlled by the Atomic Energy Organisation of Iran and provides support, such as material, logistical or financial support, to the Government of Iran.
Therefore, FATSA is engaged in and providing support for Iran's proliferation-sensitive nuclear activities.
Furthermore, it provides support to the Government of Iran.


29.9.2025
(1.12.2011, suspended since 16.1.2016)




104.


Central Bank of Iran
(a.k.a. Central Bank of the Islamic Republic of Iran, a.k.a. Bank Markazi Jomhouri Islami Iran)


Address: 213 Ferdowsi Avenue, 11365 Tehran, Iran; Mirdamad Blvd, 144 - P.O. Box 15875/7/77, Tehran, Iran; PO Box 15875/7177, 144 Mirdamad Blvd, Tehran, Iran
P.O. Box: 15875 / 7177
Place of registration: Iran
Date of registration: 1960
Registration number: 4296905415
SWIFT/BIC: BMJIIRT1
Web Site: http://www.cbi.ir

Email: G.SecDept@cbi.ir


The Central Bank of Iran provides financial support to the IRGC, which is engaged in Iran’s nuclear and missile programmes. The Central Bank of Iran therefore supports Iran’s proliferation-sensitive nuclear activities and the Government of Iran.


29.9.2025
(23.1.2012, suspended since 16.1.2016)




105.


Tejarat Bank


Address: Taleghani Br. 130, Taleghani Ave. P.O. Box: 11365 -5416, Tehran
Phone: 88826690
Fax: 8890028


Tejarat Bank is an Iranian bank which provides support to Iran’s industrial, energy and economic infrastructure, including in the petrochemical and energy sectors.
Bank Tejarat has a prominent role in supporting Government projects led by the Ministry of Energy. It also provides financial support for the development of national petrochemical and oil extraction projects.
It is partially owned and controlled by the Government of Iran, which chairs the Ordinary General Assembly of Tejarat Bank. Therefore, Tejarat Bank is providing support to the Government of Iran.


29.9.2025
(8.4.2015, suspended since 16.1.2016)




110.


Ministry of Energy
Farsi: وزارت نیرو



Address: Tehran Province, Tehran, District 3, Kordestan Expy, QCF4+FRR, 19968 32611, Iran
Address: Tehran, Vali Asr Street, the beginning of Ayatollah Hashemi Rafsanjani Highway (Niyaish), Block 4 - Ministry of Energy Building, Postal code: 199683393, Iran


The Ministry of Energy of Iran (MOE) is responsible for policy in the energy sector and for furthering cooperation with third countries. MOE owns or controls MAPNA Group, a key player in the Iranian energy, oil and gas business. In cooperation with the Ministry of Petroleum, MAPNA Group is involved in the exploration of gas and oil fields and therefore contributes to Iran’s oil revenues. A significant part of these revenues is allocated to the Armed Forces and SPND. Through its link to MAPNA Group, the Ministry of Energy of Iran supports Iran’s nuclear activities.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




111.


Ministry of Petroleum


Address: Taleghani Avenue, next to Hafez Bridge, Iran
Registration number: IR0022770444


The Ministry of Petroleum of Iran is responsible for policy in the oil sector, which is a sector providing substantial funds for Iran’s proliferation-sensitive nuclear activities. Therefore, the Ministry of Petroleum is providing support for Iran’s proliferation-sensitive nuclear activities.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




112.


National Iranian Oil Company
a.k.a. NIOC


NIOC HQ, National Iranian Oil Company Hafez Crossing, Taleghani Avenue Tehran - Iran/First Central Building, Taleghan St., Tehran, Postal Code: 1593657919, P.O. Box 1863 and 2501, Iran
Registration number: IR0000047087
Date of registration: 6.12.1955


The National Iranian Oil Company (NIOC) is a State-owned and operated entity providing substantial financial resources to the Government of Iran. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC. The Minister of Oil is Director of the NIOC Board and the Deputy Minister of Oil is the Managing Director of NIOC. Therefore, NIOC provides support to and is owned by the Government of Iran. Furthermore, it provides essential services to the IRGC.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




113.


National Iranian Oil Company (NIOC) PTE LTD


7 Temasek Boulevard #07-02, Suntec Tower One 038987, Singapore
Registration Number: SG199004388C (Singapore)
Date of registration: 5.9.1990 (Singapore)


The National Iranian Oil Company PTE LTD is a subsidiary (100 %) of the state-owned and operated National Iranian Oil Company (NIOC). The National Iranian Oil Company (NIOC) is a State-owned and operated entity providing substantial financial resources to the Government of Iran. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC. Therefore, the National Iranian Oil Company PTE LTD is owned or controlled by an entity providing support to the Government of Iran. It also provides essential services to the IRGC.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




114.


National Iranian Oil Company International Affairs Limited
a.k.a. NIOC International Affairs Limited


24 Grosvenor Gardens, SW1W 0DH, London, United Kingdom
Company Number: 02772297 (United Kingdom)


The National Iranian Oil Company International Affairs Limited is a subsidiary (100 %) of the state-owned and operated National Iranian Oil Company (NIOC). The National Iranian Oil Company (NIOC) is a State-owned and operated entity providing substantial financial resources to the Government of Iran. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC. Therefore, the National Iranian Oil Company International Affairs Limited is owned or controlled by an entity that provides support to the Government of Iran. Furthermore, it provides essential services to the IRGC.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




115.


Iran Fuel Conservation Organization
a.k.a. IFCO


Address: No. 23 East Daneshvar St. North Shiraz St.Molasadra St.Vanak Sq. Tehran, Iran
Tel.: (+98) 2188604760-6


Iran Fuel Conservation Organization is an Iranian entity working in the field of fuel consumption, and a subsidiary (100 %) of the National Iranian Oil Company (NIOC), a State-owned and operated entity providing substantial financial resources to the Government of Iran.
Therefore, Iran Fuel Conservation Organization is owned and controlled by an entity which provides support to the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




116.


Karoon Oil & Gas Production Company


Industrial Zone, Ahwaz, Khouzestan, Iran
Registration number: IR915378759
Other associated entities (subsidiaries):






—


Kala Naft










—


Karoon Oil & Gas Production Company










—


Khazar Expl & Prod Co (KEPCO)










—


Masjed-soleyman Oil & Gas Company (MOGC)










—


Maroun Oil & Gas Company










—


Naftiran Intertrade Company (a.k.a. Naftiran Trade Company) (NICO)










—


National Iranian Central Oilfield Company (ICOFC)










—


National Iranian Oil Company International Affairs Limited










—


Petroleum Engineering & Development Company










—


Petropars International FZE (PPI FZE)










—


Petropars Iran Company (PPI)










—


Petropars Ltd










—


Petropars Oilfield Services Company (POSCO)










—


Petropars Resources Engineering LTD (PRDE)










—


Petropars UK Limited










—


South Zagros Oil & Gas Production Company










—


West Oil & Gas Production Company






Karoon Oil & Gas Production Company is Iran’s largest oil production company and a subsidiary of the National Iranian Oil Company (NIOC). The National Iranian Oil Company (NIOC) is a State-owned and operated entity providing substantial financial resources to the Government of Iran. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC.
Therefore, Karoon Oil & Gas Production Company is owned and controlled by an entity providing support to the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




117.


Petroleum Engineering & Development Company
a.k.a. PEDEC


No. 61 Shahid Kalantari St., Sepahbod Qarani Ave., Tehran, Iran
Registration number: IR0000054377
Date of registration: 27.08.1980


The Petroleum Engineering & Development Company (PEDEC) is a subsidiary of the National Iranian Oil Company (NIOC) and its development and engineering arm. NIOC is a State-owned and operated entity providing substantial financial resources to the Government of Iran. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC. Therefore, PEDEC is owned or controlled by an entity providing support to the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




118.


North Drilling Company (NDC)


Address: No. 2127 Valiasr St., Corner of Del Afrooz St., Tehran, Iran
Registration number: IR30068GN / 10101920830
Date of registration: 1999 (privatised 2009)


North Drilling Company is a leading company in oil and gas drilling sector. It is a subsidiary of Sina Energy Holding which is a subsidiary of the Mostazafan Foundation. The Mostazafan Foundation is a major Iranian parastatal entity controlled by the Family of the Supreme Leader, the IRGC and the Government of Iran.
Furthermore, the North Drilling Company cooperated with the National Iranian South Oil Company and the National Iranian Oil Company.
Therefore, North Drilling Company provides support to the Government of Iran and is owned or controlled by the Government of Iran. Furthermore, it is associated with entities owned or controlled by and providing support to the Government of Iran.


29.9.2025
(23.4.2014, suspended since 16.1.2016)




119.


Khazar Expl & Prod Co
a.k.a. KEPCO


No. 19 11th St. Khaled Eslamboli St., Tehran, Iran
Tel.: (+98) 2188722430


Khazar Exploration and Production Company (KEPCO) is one of the five oil and gas production and exploration companies of the National Iranian Oil Company (NIOC) and therefore its subsidiary. The National Iranian Oil Company (NIOC) is a State-owned and operated entity providing substantial financial resources to the Government of Iran. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC.
Therefore, KEPCO is owned and controlled by an entity providing support to the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




120.


National Iranian Drilling Company
a.k.a. NIDC


Address: Airport Sq. Pasdaran Blvd., Ahwaz, Khouzestan, Iran
Registration number: IR0000368792


The National Iranian Drilling Company (NIDC) is a subsidiary (100 %) of the state-owned and operated National Iranian Oil Company (NIOC). The National Iranian Oil Company (NIOC) is a State-owned and operated entity providing substantial financial resources to the Government of Iran. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC. Therefore, NIDC is owned or controlled by an entity providing support to the Government of Iran. Furthermore, it provides essential services to the IRGC.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




121.


South Zagros Oil & Gas Production Company
Farsi: شرکت بهره برداری نفت و گاز زاگرس جنوبی


Address: Parvaneh St., Karimkhan Zand Blvd., Shiraz, Iran
Registration number: IR0052586382
Tel.: (+98) 7112138204


South Zagros Oil & Gas Production Company is an oil and gas production company, which is a subsidiary of National Iranian Central Oilfield Company (ICOFC), which is in turn a subsidiary of National Iranian Oil Company (NIOC). NIOC is a State-owned and operated entity providing substantial financial resources to the Government of Iran. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC. Therefore, South Zagros Oil & Gas Production Company is owned and controlled by an entity providing support to the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




122.


Maroun Oil & Gas Company
a.k.a. Maroun Oil and Gas Operations
a.k.a. Maround Oil and Gas Production Co.
a.k.a. MOGPC


Tehran, Iran
Registration number: IR0052586388
Date of registration: 2.12.1998


Maroun Oil & Gas Company is a subsidiary of the National Iranian South Oil Company (NISOC), which is in turn a subsidiary of the National Iranian Oil Company (NIOC). Maroun Oil & Gas Company is responsible for the production, processing and transfer of oil, gas and condensates from larger oil fields. Oil production and sales play a crucial role in the financing of Iran’s military as well as the IRGC. Therefore, Maroun Oil & Gas Company is owned or controlled by an entity providing support to the Government of Iran. Furthermore, it provides essential services to the IRGC and supports the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




123.


Masjed-soleyman Oil & Gas Company
(MOGC)


Address: Khuzestan, Iran
Registration number: IR915378790


Masjed-soleyman Oil & Gas Company (MOGC) is a subsidiary (100 %) of the National Iranian Oil Company (NIOC). NIOC is a State-owned and operated entity providing substantial financial resources to the Government of Iran.
Therefore, MOGC is owned and controlled by an entity providing support to the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




124.


Gachsaran Oil & Gas Company
Farsi: شرکت بهرهبرداری نفت و گاز گچساران
a.k.a. Gacharsan Oil Gas Co.


Adrdress: Gachsaran, Kohkiluye-va-Boyer, Ahmad, Iran
Tel.: (+98) 7422222581


Gachsaran Oil & Gas Company is managed via the National Iranian South Oil Company (NISOC), and it is a subsidiary (100 %) of the State-owned National Iranian Oil Company (NIOC). In turn, NIOC provides support to and is owned by the Government of Iran. Therefore, Gachsaran Oil & Gas Company is controlled by an entity providing support to and owned by the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




125.


Aghajari Oil & Gas Production Company
(AOGPC)


Address: Naft Blvd., Omidieh, Khouzestan, Iran
Address: Khuzestan, Omidieh, Oil Boulevard, Iran
Website: aogpc.nisoc.ir


Aghajari Oil & Gas Production Company (AOGPC), also known as Aghajari Oil and Gas Exploitation Company, is an Iranian entity working in the field of energy and a subsidiary of the National Iranian South Oil Company (NISOC). NISOC is a subsidiary of the National Iranian Oil Company (NIOC), which provides support to and is owned by the Government of Iran. Therefore, AOGPC is controlled by an entity, which provides support to the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




126.


Arvandan Oil & Gas Company
a.k.a. AOGC


Address: Khamenei Ave., Khorramshahr, Iran
Tel.: (+98) 6324214021


Arvandan Oil & Gas Company is an Iranian oil and gas entity and subsidiary of the National Iranian Oil Company (NIOC). It operates major oil and gas fields in the West Karoun region. Its activities contribute to NIOC’s national production goals.
NIOC is a State-owned and operated energy company providing substantial financial resources and support to the Government of Iran.
Therefore, Arvadan Oil & Gas company is owned and controlled by an entity providing support to the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




127.


West Oil & Gas Production Company


Address: No. 42 Zan Blvd, Naft Sq., Kermanshah, Iran
Registration number: IR915378784


West Oil & Gas Production Company is a subsidiary of Iranian Central Oil Fields Company, which is a subsidiary of the National Iranian Oil Company (NIOC). NIOC is a State-owned and operated company that provides support to the Government of Iran. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC.
Therefore, West Oil & Gas Production Company is owned or controlled by an entity providing support to the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




128.


East Oil & Gas Production Company
a.k.a. EOGPC


Address: No. 18 Payam 6 St, Payam Ave, Sheshsad Dastga, Mashha, Iran
Tel.: (+98) 5117633011


East Oil & Gas Production Company (EOGPC) is a subsidiary of the Iranian Central Oil Fields Company (ICOFC) which in turn is a subsidiary of the National Iranian Oil Company (NIOC). The National Iranian Oil Company (NIOC) is a State-owned and operated entity providing substantial financial resources and support to the Government of Iran. Therefore, EOGPC is owned or controlled by an entity providing support to the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




129.


Iranian Oil Terminals Company
a.k.a. IOTC


Address - No. 11 Hojjat Souri Street (7th Street), Pasdaran Ave., Tehran, Iran
Tel.: (+98) 2188732221


Iranian Oil Terminals Company is an Iranian company, a subsidiary (100 %) of National Iranian Oil Company (NIOC). The National Iranian Oil Company (NIOC) is a State-owned and operated entity providing substantial financial resources and support to the Government of Iran. It receives, stores, exports and imports crude oil, petroleum products and gas condensate, as well as providing services including marine services. It is an important supporter of the country’s oil and gas production and exports, therefore it provides revenue to the Iranian government. Therefore, the Iranian Oil Terminals Company is owned and controlled by an entity providing support to the Government of Iran. Furthermore, Iranian Oil Terminals Company itself provides support to the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




130.


Pars Special Economic Energy Zone
Farsi: منطقه ویژه اقتصادی انرژی پارس
a.k.a. PSEEZ


Address: Pars Special Economic Energy Zone Org., Assaluyeh, Boushehr, Iran
Address: Bushehr Province, Assaluyeh, Pars Special Economic Energy Zone Organization, P.O. Box: 7511946484, Iran
Registration number: IR916378778


Pars Special Economic Energy Zone (PSEEZ) is a subsidiary (100 %) of the State-owned National Iranian Oil Company (NIOC). The National Iranian Oil Company (NIOC) is a State-owned and operated entity providing substantial financial resources and support to the Government of Iran. Furthermore, PSEEZ’s Assaluyeh Port provides port operating services to IRISL.
Therefore, PSEEZ is owned or controlled by an entity providing support to the Government of Iran. Furthermore, it provides essential services to IRISL.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




131.


Iran Liquefied Natural Gas Co.


Address: No. 20, Alvand St, Argentina Sq, Tehran, 1514938111, Iran


Iran Liquefied Natural Gas Co. is managing Iran LNG projects. It is a subsidiary of the National Iranian Gas Export Company, which is itself a subsidiary of the State-owned National Iranian Oil Company (NIOC). The National Iranian Oil Company (NIOC) is a State-owned and operated entity providing substantial financial resources and support to the Government of Iran. The main shareholder of Iran Liquefied Natural Gas Co is the Government of Iran. Therefore, Iran Liquefied Natural Gas Co. is owned and controlled by an entity providing support to the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




132.


Naftiran Intertrade Company (NICO)
Farsi: شرکت بازرگانی نفت ایران
a.k.a. Naftiran Trade Company
a.k.a. NICO
a.k.a. Naftiran Intertrade Co. (NICO) Limited


Address: 5th Floor, Petropars Building, No 35 Farhang Boulevard, Snadat Abad Avenue, Tehran, Iran
Address: No. 35, Farhang Blvd (Erfan St Corner), Saadat Abad, Tehran, Iran
Address: Level 5(I), Main Office Tower, Financial Park Complex, Jalan Merdeka, 87000 Federal Territory of Labuan, Malaysia
Address: Suite 17, Burlington House, St. Saviours Road, St. Helier, Jersey, United Kingdom
Registration number: IRL0000000024809
Tel. +98 21 22372486; +98 21 22374681; +98 21 22374678;
Fax +98 21 22374678; +98 21 22372481
Email: info@naftiran.com


Naftiran Intertrade Company is a subsidiary (100 %) of the National Iranian Oil Company (NIOC). The National Iranian Oil Company (NIOC) is a State-owned and operated entity providing substantial financial resources to the Government of Iran. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC. Therefore, Naftiran Intertrade Company is owned or controlled by an entity providing support to the Government of Iran. It also provides essential services to the IRGC.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




133.


Naftiran Intertrade Company Srl
Farsi: شرکت بازرگانی نفت ایران


Address: Avenue de la Tour-Haldimand, 6, 1009 Pully, Switzerland
Registration number: CH-550.1.031.089-0
VAT No: CHE-109.711.148
Tel: +41 21 3106565
Fax: +41 21 3106566/67/72
Email: nico.finance@naftiran.ch


Naftiran Intertrade Company SRL (NICO SRL) is a subsidiary (100 %) of Naftiran Intertrade Company, which is in turn a subsidiary of the National Iranian Oil Company (NIOC). NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC. Therefore, NICO SRL is owned or controlled by an entity providing support to the Government of Iran. Furthermore it provides essential services to the IRGC.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




134.


Petroiran Development Company (PEDCO) Ltd
(a.k.a. PetroIran; a.k.a. “PEDCO”)


Address: PEDCO, P.O. Box 2965, Al Bathaa Tower,9th Floor, Apt. 905, Al Buhaira Corniche, Sharjah, United Arab Emirates; P.O. Box 15875-6731, Tehran, Iran; 41,1st Floor, International House, The Parade, St. Helier JE2 3QQ, Jersey; No. 22, 7th Lane, Khalid Eslamboli Street, Shahid Beheshti Avenue, Tehran, Iran; No. 102, Next to Shahid Amir Soheil Tabrizian Alley, Shahid Dastgerdi (Ex Zafar) Street, Shariati Street, Tehran 19199/45111, Iran


Petroiran Development Company Ltd. (PEDCO) is a wholly-owned subsidiary of Naftiran Intertrade Company Ltd (NICO), which is in turn a subsidiary of the National Iranian Oil Company (NIOC), which provides support to the Government of Iran. NIOC not only indirectly owns PEDCO, but also makes direct appointments to the company’s leadership. PEDCO is a production and exploration company responsible for developing oil and gas fields. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC.
Therefore, PEDCO is owned or controlled by an entity that provides support to the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




135.


Petropars Ltd.
(a.k.a. Petropasr Limited; a.k.a. “PPL”)


Address: North Naft Street 10, Mirdawad Boulevard, Tehran, Iran
Registration number: IR0000102447


Petropars Ltd (PPL) is a wholly-owned subsidiary of Naftiran Intertrade Company Ltd (NICO), which in turn is a 100 % subsidiary of the State-owned National Iranian Oil Company NIOC, which provides support to the Government of Iran. Petropars Ltd (PPL) represents NIOC in certain deals with international partners and serves as its executive arm.
Therefore, Petropars Ltd is owned or controlled by an entity providing support to the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




136.


Petropars International FZE
a.k.a. PPI FZE


Address: P.O. Box 72146, Dubai, United Arab Emirates
Address: Kish Address: 79 to 82 Plates, 6 Sanat Tree, Derakhte Sabs Tree, Kish Island, Iran
Address: 3rd Floor, Petropars Limited, Farhang Blvd, Farhang Square, Sa’adat Abad, Tehran, Iran


Petropars International FZE is a wholly-owned subsidiary of Petropars Ltd (PPL), which is in turn is a wholly-owned subsidiary of Naftiran Intertrade Company Ltd (NICO). NICO belongs to the National Iranian Oil Company (NIOC), which is a State-owned and operated entity providing support to the Government of Iran.
Petropars Ltd (PPL) represents NIOC in certain deals with international partners and serves as its executive arm. Petropars International FZE provides transportation, logistics and commercial services in the Persian Gulf region.
Therefore, Petropars International FZE is owned or controlled by an entity providing support to the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




137.


Petropars UK Limited


Address: 47 Queen Anne Street, London W1G 9JG, United Kingdom
Address: 4 Dancastle Court, 14 Arcadia Avenue, London, N3 2JU
Registration Number: 03503060 (United Kingdom)


Petropars UK Ltd. is a subsidiary of Petropars Ltd (PPL). Petropars Ltd (PPL) is wholly owned by Naftiran Intertrade Company Ltd (NICO), which belongs to the National Iranian Oil Company (NIOC), an Iranian State-owned company providing support to the Government of Iran. Therefore, Petropars UK Ltd is owned and controlled by an entity providing support to the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




138.


National Iranian Gas Company
a.k.a. NIGC


Address: National Iranian Gas Company Building, South Aban Street, Karimkhan Boulevard, Tehran, Iran
Address (2): P.O. Box 15875, Tehran, Iran


The National Iranian Gas Company (NIGC) is a state-owned and operated entity involved in the production and distribution of gas in the country as well as in the export of gas. The Minister of Oil is Chairman of NIGC’s Board and the Deputy Oil Minister is Managing Director and Vice Chairman of NIGC. Therefore, NIGC provides support to the government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




139.


National Iranian Oil Refining and Distribution Company
Farsi: شرکت ملی پالایش و پخش فرآورده های نفتی ایران
a.k.a. NIORDC


Address: 4 Varsho Street, Tehran 1598666611, P.O. Box 15815/3499, Tehran, Iran
Registration number: IR0000365670


The National Iranian Oil Refining and Distribution Company (NIORDC) is a subsidiary (100 %) of the state-owned and operated National Iranian Oil Company (NIOC), responsible for engineering and building refineries, pipelines and communications networks. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC. Furthermore, the Minister of Petroleum is responsible for appointing NIORDC’s CEO. Therefore, NIORDC is controlled by the Government of Iran and by NIOC, which provides support to and is owned by the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




140.


National Iranian Tanker Company (NITC)


35 East Shahid Atefi Street, Africa Ave., 19177 Tehran, P.O. Box: 19395-4833
Tel. +98 21 23801
Email: info@nitc-tankers.com; all offices worldwide


The National Iranian Tanker Company provides financial support to the Government of Iran through its shareholders, including the Iranian State Retirement Fund. Moreover, NITC is one of the largest operators of crude oil carriers in the world and one of the main transporters of Iranian crude oil. Accordingly, NITC provides logistical support to the Government of Iran through the transport of Iranian oil. Iran’s oil exports are a crucial source of revenue for its budget and military expenditures.
Therefore, the National Iranian Tanker Company provides support to the Government of Iran.


29.9.2025




141.


Trade Capital Bank


220035 Belarus
Timiriazeva str. 65A
Tel: +375 (17) 3121012
Fax +375 (17) 3121008
Email: info@tcbank.by


Trade Capital Bank is a subsidiary (99 %) of Tejarat Bank. Tejarat Bank is partially owned and controlled by the Government of Iran. Furthermore, through its subsidiaries, it is involved in the circumvention of restrictive measures, by providing services to front companies used by Iran. Therefore, Tejarat Bank is both supporting the Government of Iran and supporting designated entities in circumvention of restrictive measures.
Therefore, Trade Capital Bank is owned or controlled by an entity providing support to the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




142.


Bank of Industry and Mine


Address: Hafez Avenue, P.O. Box 11365/4978, Tehran, Iran
Address: PO Box 15875-4456, Firouzeh Tower, No 1655 Vali-Asr Ave after Chamran Crossroads, Tehran 1965643511, Iran
Address: No. 491, Opposite to Saman Building, past of Shahid Beheshti Crossroad, Imam Khomeyni St, Iran.
Phone: +98 21 22029811-19, 22029837
Fax: +98 21 22029894, 0451-7724202
Email: info@bim.ir


The Bank of Industry and Mine is a state-owned bank working in the field of industry and mining in Iran. Therefore, the Bank of Industry and Mine is an entity owned and controlled by the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




143.


Cooperative Development Bank
a.k.a. Tose’e Ta’avon Bank


Address: Bozorgmehr Street, Block 271, P.O. Box 14155-6569, Tehran, Iran
Address: Mirdamad Blvd., Northeast Corner of Mirdamad Bridge, No. 271, Tehran No. 271, 4th Floor, Mirdamad Blvd, Northeast of Mirdamad Bridge, Tehran, Iran


The Cooperative Development Bank is an Iranian state-owned banking institution, providing support to the Government of Iran.


29.9.2025
(16.10.2012, suspended since 16.1.2016)




145.


National Iranian Oil Products Distribution Company (NIOPDC)


Address: No.1, Tehran, Iranshahr Ave. Shadab.St, P.O. Box: 79145/3184; Iran
Tel: +98-21-77606030
Registration number: 4000000128233
Website: www.niopdc.ir


The National Iranian Oil Products Distribution Company (NIOPDC) is a wholly-owned subsidiary of the National Iranian Oil Refining and Distribution Company (NIORDC), which is in turn a wholly-owned subsidiary of the National Iranian Oil Company (NIOC). NIOC is a State-owned and operated entity providing substantial financial resources to the Government of Iran. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC. NIOPDC is tasked with the provision of fuel throughout the country. Therefore, NIOPDC is owned or controlled by an entity providing support to the Government of Iran. Furthermore, it provides essential services to the IRGC.


29.9.2025
(22.12.2012, suspended since 16.1.2016)




146.


Iranian Oil Pipelines and Telecommunications Company (IOPTC)


Address: No.194, Sepahbod Gharani Ave., Tehran, Iran
Tel: +98-21-88801960 / +98-21-66152223
Fax: +98-21-66154351
Website: www.ioptc.com


The Iranian Oil Pipelines and Telecommunications Company (IOPTC) is a subsidiary of the National Iranian Oil Refining and Distribution Company (NIORDC), which is in turn controlled by the Government of Iran and by the National Iranian Oil Company (NIOC), an entity providing support and being controlled by the Government of Iran. Therefore, IOPTC is controlled by entities providing support to and being owned by the Government of Iran.


29.9.2025
(22.12.2012, suspended since 16.1.2016)




147.


National Iranian Oil Engineering and Construction Company (NIOEC)
a.k.a. شرکت ملی مهندسی و ساختمان نفت ایران


No.263, Ostad Nejatollahi Ave., Tehran, Iran
Registration number: IR0000047088
Date of registration 18.3.1992


The National Iranian Oil Engineering and Construction Company (NIOEC)is a subsidiary (100 %) of the state-owned and operated National Iranian Oil Company (NIOC), and is responsible for engineering and building refineries, pipelines and communications networks. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC. Therefore, NIOEC is owned or controlled by an entity providing support to the Government of Iran. Furthermore, it provides essential services to the IRGC.


29.9.2025
(22.12.2012, suspended since 16.1.2016)




154.


First Islamic Investment Bank (FIIB)


Address: Main Office Tower, Financial Park Labuan Complex, Jalan Merdeka Federal Territory of Labuan, Labuan 87000, Malaysia
Address: 19A-31-3A, Level 31, Business Suite, Wisma UOA, No. 19 Jalan Pinang, Kuala Lumpur, 50450, Malaysia
Address: Menara Prima 17th floor Jalan Lingkar Mega Kuningan Blok 6.2 Jakarta 12950, Indonesia
Address: Branch: 19A-31-3A, Level 31 Business Suite, Wisma UOA, Jalan Pinang 50450, Kuala Lumpur, Kuala Lumpur, Wilayah Persekutuan, 50450, Malaysia
Address: Unit 13 (C), Main Office Tower, Financial Park Labuan Complex, Jalan Merdeka, 87000 Federal Territory of Labuan, Labuan F.T, 87000, Malaysia


The First Islamic Investment Bank (FIIB) is a South-Asian bank part of Sorinet Group, owned by Iranian businessman Babak Zanjani. The FIIB’s activities include various actions supporting the Government of Iran’s policy of restrictive measures circumvention. Therefore, the FIIB is providing support to the Government of Iran.


29.9.2025
(22.12.2012, suspended since 16.1.2016)




155.


International Safe Oil


Address: Labuan Federal Territory, Malaysia


International Safe Oil (ISO) is selling Iranian oil in Malaysia. It is assisting designated entities to violate the provisions of international restrictive measures against Iran and is providing financial support to the government of Iran. It provides support, including financial support, to the National Iranian Oil Company (NIOC) and Nafitran Intertrade Company Ltd (NICO), both EU-listed entities.
International Safe Oil is therefore responsible for providing support to EU-listed entities and to the Government of Iran.


29.9.2025
(22.12.2012, suspended since 16.1.2016)




156.


Sorinet Commercial Trust Bankers Ltd. (SCT)
(a.k.a.: SCT Bankers; SCT Bankers Kish Company (PJS); SCT Bankers Company Branch; Sorinet Commercial Trust)


Address: Sorinet Commercial Trust Bankers, Sadaf Tower, 3rd Floor, Suite No. 301, Kish Island, Iran
Address: Sorinet Commercial Trust Bankers, No.1808, 18th Floor, Grosvenor House Commercial Tower, Sheikh Zayed Road, Dubai, UAE, P.O. Box 31988
Address: Tehran branch: Reahi Aiiey, First of Karaj, Maksous Road 9, Tehran, Iran. SWIFT codes: SCERIRTH KSH (Kish Island branch), SCTSAEA1 (Dubai branch), SCERIRTH (Tehran branch)
Address: Kish Banking Fin Activities Centre, No 42, 4th floor, VC25
Address: SCT Bankers Kish Company (PJS), Head Office, Kish Island, Sadaf Tower, 3rd floor, Suite 301, P.O. Box 87. Address: Sheykh Admad, Sheykh Zayed Road, 31988, Dubai, Port
Tel: 09347695504 (Kish Island branch) 09347695504/97-143257022-99 (Dubai branch) 09347695504 (Tehran branch)
Email: info@sctbankers.com zanjani@sctbankers.com


Sorinet Commercial Trust (SCT) participates in a network of “trust companies” and banks used by the Government of Iran to circumvent restrictive measures, notably allowing the sale of Iranian oil in the oil black market.
Therefore, Sorinet Commercial Trust provides support to the Government of Iran.


29.9.2025
(8.11.2014, suspended since 16.1.2016)




157.


HK Intertrade Company Ltd
a.k.a. HK Intertrade


Address: 21st Floor, Tai Yau Building, 181 Johnston Road, Wanchai, Hong Kong


HK Intertrade Company benefitted the Iranian government by being involved in a scheme that helped launder Iranian oil proceeds. HK Intertrade is also believed to be a front company for the National Iranian Oil Company (NIOC).
NIOC is a State-owned and operated entity providing substantial financial resources to the Government of Iran. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC.
Therefore, HK Intertrade Company Ltd provides support to the Government of Iran and is owned or controlled by an entity providing support to the Government of Iran.


29.9.2025
(22.12.2012, suspended since 16.1.2016)




158.


Petro Suisse


Petro Suisse Avenue de la Tour- Haldimand 6, 1009 Pully, Switzerland


Petro Suisse is a company active in the Iranian oil and gas sector, led by officials of the National Iranian Oil Company (NIOC). In turn, NIOC provides financial support to the Government of Iran. Petro Suisse is also associated with Naftiran Intertrade Co (NICO) which is a subsidiary (100 %) of the National Iranian Oil Company (NIOC). Therefore, Petro Suisse is controlled by an entity providing financial support to the Government of Iran and it is associated with an entity providing support to the Government of Iran.


29.9.2025
(22.12.2012, suspended since 16.1.2016)




163.


Petropars Iran Company
a.k.a. PPI


Address: No. 9, Maaref Street, Farhang Blvd, Saadet Abad, Tehran, Iran.
Address: No. 33, Farhang Blvd, Sa’adat-Abad, Tehran, Iran
Tel (+98) (21) 22372340


Petropars Iran Company (PPI) is a wholly-owned subsidiary of Petropars Ltd (PPL), which in turn is a wholly-owned subsidiary of Naftiran Intertrade Company Ltd (NICO). NICO belongs to the National Iranian Oil Company (NIOC). NIOC is a State-owned entity, which provides support to the Government of Iran.
Petropars Iran Company (PPI) is responsible for carrying out projects in petroleum, gas and petrochemical industries, and serving as an engineering, procurement, management and construction contractor on behalf of Petropars Ltd.
Therefore, Petropars Iran Company is owned or controlled by an entity providing support to the Government of Iran.


29.9.2025




164.


Petropars Oilfield Services Company
(aka: POSCO)


Address: Kish harbor, PPI Bldg,


Petropars Oilfield Services Company (POSCO) is a wholly-owned subsidiary of Petropars Iran, which is in turn a wholly-owned subsidiary of Petropars Ltd (PPL). PPL is wholly-owned by Naftiran Intertrade Company Ltd (NICO), which belongs to the National Iranian Oil Company (NIOC). NIOC is a State-owned company which provides support to the Government of Iran.
POSCO is responsible for the management of drilling operations by Petropars Ltd and has also provided consultancy services to NIOC and NISOC.
Therefore, POSCO is owned and controlled by an entity providing support to the Government of Iran.


29.9.2025
(8.6.2013, suspended since 16.1.2016)




166.


Petropars Resources Engineering Ltd


Address: 4th Floor, No. 19, 5th St., Gandi Ave., Tehran, 1517646113, Iran


Petropars Resources Engineering Ltd (PRE) is a wholly-owned subsidiary of Petropars Iran, which in turn is a wholly-owned subsidiary of Petropars Ltd (PPL). PPL is wholly owned by Naftiran Intertrade Company Ltd (NICO), which belongs to the National Iranian Oil Company (NIOC), which is a State-owned company providing support to the Government of Iran. PRE is responsible for management and engineering services and providing human resources for oil and gas projects and associated needs in the areas of electricity, mechanics and instruments.
Therefore, PRE is owned and controlled by an entity providing support to the Government of Iran.


29.9.2025




168.


Post Bank of Iran
a.k.a. Post Bank Iran
a.k.a. Post Bank


237, Motahari Ave., Tehran, 1587618118, Iran
Registration number: IRFEB57517
Website: www.postbank.ir


Post Bank of Iran is an Iranian bank, which is majority-owned and controlled by the Government of Iran.
Therefore, Post Bank of Iran provides support to the Government of Iran.


29.9.2025
(16.11.2013, suspended since 16.1.2016)




169.


Iran Insurance Company
a.k.a. Bimeh Iran


Address: No. 51, South Shiraz Street, South Brazil Street, Vanak Square, Tehran, Iran
Address: 21st Floor, City Tower 2 Opposite Future Museum Sheikh Zayed Road, Dubai
Address: PO Box 2004, Dubai, UAE
Address: 2nd Floor, Al Awtad Building Near Al Maha Petrol Station, Watt Ayah PO Box 417, Postal Code 100, Muscat, Oman
Address: 2nd Floor, Gumran Butti Suweidi Al Dhahi Building Opposite Hamdan Center, Hamdan Street PO Box 3281, Abu Dhabi, UAE


Iran Insurance Company is a public Iranian entity working in the field of insurance, wholly owned by the Iranian government. Iran Insurance Company holds a significant share of the national Iranian insurance market. It provides reinsurance services to companies in the oil and gas sector. Therefore, Iran Insurance Company is owned or controlled by the Government of Iran.


29.9.2025
(16.11.2013, suspended since 16.1.2016)




170.


Export Development Bank of Iran (EDBI)


Address: Export Development Building, 21st floor, Tose’e tower, 15th st, Ahmad Qasir Ave, Tehran, Iran
Address: 15138-35711 next to the 15th Alley, Bokharest Street, Argentina Square, Tehran, Iran
Address: Tose’e Tower, corner of 15th St, Ahmad Qasir Ave., Argentine Square, Tehran, Iran
Address: No. 129, 21 ‘s Khaled Eslamboli, No. 1 Building, Tehran, Iran; C.R. No. 86936


The Export Development Bank of Iran (EDBI) is a state-owned Iranian bank.
Therefore, EDBI provides support to the Government of Iran.


29.9.2025
(16.11.2013, suspended since 16.1.2016)




171.


Persia International Bank Plc


6 Lothbury, London Post Code: EC2R 7HH, United Kingdom


Persia International Bank PLC is an entity owned and controlled by Bank Mellat and Bank Tejarat.
Tejarat Bank and Bank Mellat are partially owned and controlled by the Government of Iran. Furthermore, they provide financial support to the Government of Iran and entities controlled by the Government of Iran.
Therefore, Persia International Bank is owned or controlled by entities providing support to the Government of Iran.


29.9.2025
(16.11.2013, suspended since 16.1.2016)




172.


Iranian Offshore Engineering & Construction Co
a.k.a. IOEC


Address: 18 Shahid Dehghani Street, Qarani Street, Tehran 19395-5999, Iran
Address: No.52 North Kheradmand Avenue (Corner of 6th Alley) Tehran, Iran
Web: http://www.ioec.com/



The Iranian Offshore Engineering & Construction Company is a subsidiary of the National Iranian Oil Company (NIOC). NIOC is a State-owned and operated entity providing substantial financial resources to the Government of Iran. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC. Therefore, the Iranian Offshore Engineering & Construction Company is owned or controlled by an entity which provides support to the Government of Iran.


29.9.2025
(16.11.2013, suspended since 16.1.2016)




173.


Bank Refah Kargaran
(a.k.a. Bank Refah)


Address: Moffettah No. 125, P.O. Box 15815-1866, Tehran, Iran
Address: No.125 – Mofatteh Cross- Taleghani Ave. – Tehran, Iran
Address: 40, North Shiraz Street, Mollasadra Ave., Vanak Sq., Tehran, Iran
Address: No.186 – North Shiraz St – Mollasadra Ave – Vanak Sq – Tehran, 1991756783, Iran
Address: Shahid Mofatteh Building, 125, Moffateh Crossroad, Talleghani Ave., Tehran, Iran
Swift: REF AIRTH


Bank Refah Kargaran is an Iranian bank with links to the Government of Iran. It cooperates with, among others, the Ministry of Defense and Armed Forces Logistics (MODAFL), including by facilitating the purchase of weapons. It also cooperates with the Ministry of Economy and Finance and the Ministry of Health.
Bank Refah Kargaran is owned by the Government of Iran.
Thus, Bank Refah Kargaran is controlled by and providing support to the Government of Iran.


29.9.2025
(16.11.2013, suspended since 16.1.2016)’














(5)


under the heading ‘III. Islamic Republic of Iran Shipping Lines (IRISL)’, subheading ‘A. Persons’, the entries concerning the persons listed below are replaced by the following:









 


Name


Identifying information


Reasons


Date of listing




‘1.


Mohammad Hossein Dajmar


D.O.B: 19.2.1956
POB: Tehran, Iran
Nationality: Iranian
Gender: male


As former Chairman and Managing Director of IRISL he is associated with IRISL. He is also the former Chairman of Soroush Sarzamin Asatir Ship Management Co. (SSA), Safiran Payam Darya Shipping Co. (SAPID), and Hafiz Darya Shipping Co. (HDS), known IRISL affiliates.


29.9.2025
(23.5.2011, suspended since 16.1.2016)




3


Naser Bateni


DOB: 16.12.1962
Nationality: Iranian
Gender: male


Naser Bateni was the managing director of the Hanseatic Trade Trust & Shipping GmbH (HTTS), a shipping company owned by IRISL Europe, which is in turn a company owned by IRISL. As a result, Mr Bateni is involved in providing services to IRISL.


29.9.2025
(1.12.2011, suspended since 16.1.2016)




8.


Gholam Hossein Golparvar


DOB: 23.1.1957
Nationality: Iranian
ID Card No 4207
Gender: male


Gholam Hossein Golparvar is an Iranian involved in the shipping industry. He is the former commercial manager of IRISL and acts as head of Sapid Shipping company which is owned and controlled by Islamic Republic of Iran Shipping Lines (IRISL). Therefore, he provides essential services to IRISL.


29.9.2025’














(6)


under heading ‘III. Islamic Republic of Iran Shipping Lines (IRISL)’, subheading ‘B. Entities’, the following entries are deleted:






‘1. (r)


Santexlines










1. (t)


SISCO Shipping Company Ltd










2.


Darya Capital Administration GMBH










3.


Nari Shipping and Chartering GmbH & Co. KG










4.


Ocean Capital Administration GmbH










5.


First Ocean Administration GmbH










5.a.


First Ocean GmbH & Co. KG










6.


Second Ocean Administration GmbH










6.a.


Second Ocean GmbH & Co. KG










7.


Third Ocean Administration GmbH










7.a.


Third Ocean GmbH & Co. KG










8.


Fourth Ocean Administration GmbH










8.a.


Fourth Ocean GmbH & Co. KG










9.


Fifth Ocean Administration GmbH










9.a.


Fifth Ocean GmbH & Co. KG










10.


Sixth Ocean Administration GmbH










10.a.


Sixth Ocean GmbH & Co. KG










11.


Seventh Ocean Administration GmbH










11.a.


Seventh Ocean GmbH & Co. KG










12.


Eighth Ocean Administration GmbH










12.a.


Eighth Ocean GmbH & Co. KG










13.


Ninth Ocean Administration GmbH










13.a.


Ninth Ocean GmbH & Co. KG










14.


Tenth Ocean Administration GmbH










14.a.


Tenth Ocean GmbH & Co. KG










15.


Eleventh Ocean Administration GmbH










15.a.


Eleventh Ocean GmbH & Co. KG










16.


Twelfth Ocean Administration GmbH










16.a.


Twelfth Ocean GmbH & Co. KG










17.


Thirteenth Ocean Administration GmbH










17.a.


Thirteenth Ocean GmbH & CO.










18.


Fourteenth Ocean Administration GmbH










18.a.


Fourteenth Ocean GmbH & CO. KG










19.


Fifteenth Ocean Administration GmbH










19.a.


Fifteenth Ocean GmbH & CO. KG










20.


Sixteenth Ocean Administration GmbH S










20.a.


Sixteenth Ocean GmbH & CO. KG










21.


Loweswater Ltd Manning House










21.a.


Insight World Ltd










21.b.


Kingdom New Ltd










21.c.


Logistic Smart Ltd










21.d.


Neuman Ltd










21.e.


New Desire LTD










22.


Mill Dene Ltd










22.a.


Advance Novel










22.b.


Alpha Effort Ltd










22.c.


Best Precise Ltd










22.d.


Concept Giant Ltd










22.e.


Great Method Ltd










23.


Shallon Ltd










23.a.


Smart Day Holdings Ltd










23.b.


System Wise Ltd (a.k.a Sysyem Wise Ltd)










23.c.


Trade Treasure










23.d.


True Honour Holdings Ltd










24.


Springthorpe Limited










24.a.


New Synergy Ltd










24.b.


Partner Century Ltd










24.c.


Sackville Holdings Ltd










24.d.


Sanford Group










24.e.


Sino Access Holdings










28.


Ashtead Shipping Company Ltd










29.


Byfleet Shipping Company Ltd










30.


Cobham Shipping Company Ltd










31.


Dorking Shipping Company Ltd










32.


Effingham Shipping Company Ltd










33.


Farnham Shipping Company Ltd










34.


Gomshall Shipping Company Ltd










35.


Horsham Shipping Company Ltd










38.


Kara Shipping and Chartering Gmbh (KSC)










40.


Kish Shipping Line Manning Co










42.


Diamond Shipping Services (DSS)










44.


Ocean Express Agencies Private Limited










46.


Universal Transportation Limitation Utl










48.


Acena Shipping Company Limited










49.


Alpha Kara Navigation Limited










50.


Alpha Nari Navigation Limited










51.


Aspasis Marine Corporation










52.


Atlantic Intermodal










53.


Avrasya Container Shipping Lines










54.


Azores Shipping Company alias Azores Shipping FZE LLC










55.


Beta Kara Navigation Ltd










56.


Bis Maritime Limited










57.


Brait Holding SA










58.


Bright Jyoti Shipping










59.


Bright Ship FZC










62.


Chaplet Shipping Limited










64.


Crystal Shipping FZE










65.


Damalis Marine Corporation










66.


Delta Kara Navigation Ltd










67.


Delta Nari Navigation Ltd










68.


Elbrus Ltd










69.


Elcho Holding Ltd










70.


Elegant Target Development Limited










71.


Epsilon Nari Navigation Ltd










72.


Eta Nari Navigation Ltd










73.


Eternal Expert Ltd.










74.


Fairway Shipping










75.


Fasirus Marine Corporation










76.


Galliot Maritime Incorporation










77.


Gamma Kara Navigation Ltd










78.


Giant King Limited










79.


Golden Charter Development Ltd.










80.


Golden Summit Investments Ltd.










81.


Golden Wagon Development Ltd.










82.


Grand Trinity Ltd.










83.


Great Equity Investments Ltd.










85.


Great Prospect International Ltd.










88.


Harvest Supreme Ltd.










89.


Harzaru Shipping










90.


Heliotrope Shipping Limited










91.


Helix Shipping Limited










92.


Hong Tu Logistics Private Limited










93.


Ifold Shipping Company Limited










94.


Indus Maritime Incorporation










95.


Iota Nari Navigation Limited










96.


ISIM Amin Limited










97.


Isim Atr Limited










98.


Isim Olive Limited










99.


Isim Sat Limited










100.


ISIM Sea Chariot Ltd










101.


ISIM Sea Crescent Ltd










102.


ISIM Sinin Limited










103.


ISIM Taj Mahal Ltd










104.


Isim Tour Company Limited










105.


Jackman Shipping Company










106.


Kalan Kish Shipping Company Ltd










107.


Kappa Nari Navigation Ltd










108.


Kaveri Maritime Incorporation










109.


Kaveri Shipping Llc










110.


Key Charter Development Ltd.










111.


King Prosper Investments Ltd.










112.


Kingswood Shipping Company Limited










113.


Lambda Nari Navigation Limited










114.


Lancing Shipping Company limited










115.


Magna Carta Limited










116.


Malship Shipping Agency










117.


Master Supreme International Ltd.










118.


Melodious Maritime Incorporation










119.


Metro Supreme International Ltd.










120.


Midhurst Shipping Company Limited (Malta)










121.


Modality Ltd










122.


Modern Elegant Development Ltd.










124.


Mount Everest Maritime Incorporation










125.


Narmada Shipping










126.


Newhaven Shipping Company Limited










129.


Oxted Shipping Company Limited










130.


Pacific Shipping










131.


Petworth Shipping Company Limited










133.


Prosper Metro Investments Ltd.










134.


Reigate Shipping Companylimited










135.


Rishi Maritime Incorporation










136.


Seibow Logistics Limited (alias Seibow Limited)










137.


Shine Star Limited










138.


Silver Universe International Ltd.










139.


Sinose Maritime










140.


Sparkle Brilliant Development Limited










141.


Statira Maritime Incorporation










143.


Tamalaris Consolidated Ltd










144.


TEU Feeder Limited










145.


Theta Nari Navigation










146.


Top Glacier Company Limited










147.


Top Prestige Trading Limited










148.


Tulip Shipping Inc










149.


Western Surge Shipping Company limited (Cyprus)










150.


Wise Ling Shipping Company Limited










151.


Zeta Neri Navigation










152.


BIIS Maritime Limited










153.


Darya Delalan Sefid Khazar Shipping Company (Iran)










157.


Bushehr Shipping Company Limited (a.k.a. Bimeh Iran)










160.


Irinvestship Ltd










161.


IRISL (Malta) Ltd










164.


ISI Maritime Limited (Malta)










165.


Khazar Shipping Lines (Bandar Anzali)










166.


Marble Shipping Limited (Malta)










168.


Shipping Computer Services Company (SCSCOL)’;














(7)


under the heading ‘III. Islamic Republic of Iran Shipping Lines (IRISL)’, subheading ‘B. Entities’, the entries for the entities listed below are replaced by the following:









 


Name


Identifying information


Reasons


Date of listing




‘1. (c)


Hanseatic Trade Trust & Shipping (HTTS) GmbH


Postal address: Schottweg 7, 22087 Hamburg, Germany; Opp 7th Alley, Zarafshan St, Eivanak St, Qods Township; HTTS GmbH, Iran


Hanseatic Trade Trust & Shipping GmbH (HTTS) is a Hamburg-based company owned by IRISL Europe, which is in turn a company owned by IRISL. HTTS plays a significant role in facilitating operations for Iran’s state-owned shipping conglomerate, the Islamic Republic of Iran Shipping Lines (IRISL). Therefore, HTTS is owned and controlled by IRISL and is providing essential services to IRISL, or to entities owned or controlled by it or acting on its behalf.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




1. (k)


IRITAL Shipping SRL


Via Gerolamo Morone 6, 20121 Milan, Italy
Registration number: IT03329300101
Date of registration: 12.3.1992


IRITAL Shipping SRL is owned and controlled by Islamic Republic of Iran Shipping Lines (IRISL). It is involved in Iran’s proliferation efforts by transporting components for its ballistic missile programme.
Therefore, IRITAL Shipping SRL is owned by IRISL, and it is involved in Iran’s nuclear proliferation’s activities.


29.9.2025
(26.7.2010, suspended since 16.1.2016)




36.


E-Sail
a.k.a. E-Sail Shipping Company
a.k.a. Rice Shipping
a.k.a. Santex Lines Limited


Address: Suite 1501, Shanghai Zhong Rong Plaza, 1088 Pudong South Road, Shanghai, China
Registration number: 1429927


E-Sail, alias IRISL Shipping Company Limited, is a company acting on behalf of IRISL, and is active in transporting sensitive cargo linked to Iran’s nuclear and ballistic missile programmes.


29.9.2025
(1.12.2011, suspended since 16.1.2016)




37.


IRISL Maritime Training Institute


No 115, Ghaem Magham Farahani St. P.O. Box 15896-53313, Tehran, Iran


IRISL Maritime Training Institute is a leading maritime education institution and a subsidiary of Islamic Republic of Iran Shipping Lines (IRISL). Therefore, it is owned or controlled by IRISL.


29.9.2025
(8.4.2015, suspended since 16.1.2016)




39.


Kheibar Company
a.k.a. Khaybar Company


Address: 16th Kilometre Old Karaj Road, 13861 Tehran, Iran


Kheibar Company is a subsidiary of Islamic Republic of Iran Shipping Lines (IRISL). Kheibar Company provides spare parts for shipping vessels and supplies mining and construction machinery. Therefore, Kheibar Company is owned or controlled by IRISL.


29.9.2025
(8.4.2015, suspended since 16.1.2016)




43.


Good Luck Shipping Company


Address: Office 206/207 Malik Saeed, Ahmad Ghabbash, Bur Dubai, Dubai, United Arab Emirates
Address: P.O. Box 5562, Dubai, United Arab Emirates
Address: P.O. Box: 8486, Dubai, United Arab Emirates
Address: P.O. Box 8486, Office 206/207, Ahmad Ghubash Building, Oud Mehta, Bur Dubai, United Arab Emirates


Good Luck Shipping company is a shipping company established in the UAE and acting on behalf of IRISL.


29.9.2025
(1.12.2011, suspended since 16.1.2016)




156.


Islamic Republic of Iran Shipping Lines (IRISL)


Address: Pasadaran Street/Shahid Lavasani, Asman Tower, No. 523, P.O. Box 1311-19395, Tehran, Iran


Islamic Republic of Iran Shipping Lines (IRISL) is a public shipping company, co-owned by the Government of Iran, that has been involved in the shipment of military-related cargo from Iran to several other countries. It supports IRGC naval operations by providing ships, which it also deploys for reconnaissance missions. IRISL is connected to Iran’s proliferation efforts by transporting components for its ballistic missile programme.
Therefore, IRISL provides support for Iran’s proliferation-sensitive nuclear activities. Furthermore, it provides support to the Government of Iran.


29.9.2025
(27.11.2013, suspended since 16.1.2016)




158.


Hafiz Darya Shipping Lines (HDSL)
(a.k.a HDS Lines)


Address: No. 60, Ehteshamiyeh Square, 7th Neyestan Street, Pasdaran Avenue, Tehran, Iran
Business registration document # 5478431, issued March 2009
IMO number: 5878431; established in 2009


HDSL acts as a shell company for IRISL. It has taken over as beneficial owner a number of Islamic Republic of Iran Shipping Line’s (IRISL) vessels. Accordingly, HDSL is acting on behalf of IRISL.


29.9.2025
(27.11.2013, suspended since 16.1.2016)




159.


Irano Misr Shipping Company
(a.k.a. Nefertiti Shipping)


Address: 6, El Horeya Rd., El Attarein, Alexandria, Egypt
Address: Inside Damietta Port, New Damietta City, Damietta, Egypt
Address: 403, El NahdaSt., Port Said, Port Said, Egypt


Irano MISR Shipping Company is a subsidiary of EU-listed IRISL in Egypt, providing services in Egyptian ports.
Irano MISR Shipping Company is therefore an entity owned or controlled by IRISL.


29.9.2025
(27.11.2013, suspended since 16.1.2016)




162.


IRISL Europe GmbH (Hamburg)


Address: Schottweg 5, 22087 Hamburg, Germany
Registration Number: HRB 81573


IRISL Europe GmbH (Hamburg) is owned by IRISL.


29.9.2025
(27.11.2013, suspended since 16.1.2016)




163.


IRISL Marine Services and Engineering Company


Address: No. 221, Northern Iranshahr St., Karimkhan Ave., Tehran, Iran
Address: Sarbandar Gas Station, PO Box 199, Bandar Imam Khomeini, Iran
Address: Karim Khan Zand Avenue (or: Karimkhan Avenue), Iran Shahr Shomai (or: Northern Iranshahr Street), No 221, Tehran, Iran
Address: Shahaid Rajaee Port Road, Kilometer of 8, Before Tavanir Power Station, Bandar Abbas, Iran


IRISL Marine Services and Engineering Company is a subsidiary of and is controlled by IRISL.


29.9.2025
(27.11.2013, suspended since 16.1.2016)




167.


Safiran Payam Darya (SAPID) Shipping Company
(a.k.a. Safiran Payam Darya Shipping Lines, a.k.a. SAPID Shipping Company; a.k.a. SAFID Shipping)


Asseman Tower, Pasdaran Street, Shahid Sayyade Shirazee Square, Tehran, Iran
Registration number: IR0015973950
Date of registration: 2009


Safiran Payam Darya Shipping Company (Sapid Shipping Company) is an Iranian shipping company owned and controlled by Islamic Republic of Iran Shipping Lines (IRISL), performing various services for the entity.


29.9.2025
(27.11.2013, suspended since 16.1.2016)




169.


Soroush Saramin Asatir (SSA)
(a.k.a. Soroush Sarzamin Asatir Ship Management Company, Rabbaran Omid Darya Ship Management Company, Sealeaders)


No 14 (alt. 5), Shabnam Alley, Fajr Street, Shahid Motahhari Avenue, PO Box 196365-1114, Tehran, Iran


Soroush Saramin Asatir (SSA) operates and manages a number of Islamic Republic of Iran Shipping Lines (IRISL) vessels. Accordingly, it acts on behalf of IRISL and provides essential services to it.


29.9.2025
(27.11.2013, suspended since 16.1.2016)




170.


South Way Shipping Agency Co. Ltd
a.k.a. South Shipping Line Iran
a.k.a. Hoopad Darya Shipping Agent


Address: Qaem Magham Farahani St., Tehran, Iran
Registration number: IR968053464


South Way Shipping Agency Co. Ltd is co-owned by the Islamic Republic of Iran Shipping Lines (IRISL) and acts for IRISL in Iranian ports overseeing tasks such as loading and unloading. It is also co-owned by the Government of Iran.
Therefore, South Way Shipping Agency Co. Ltd is an entity owned and controlled by IRISL and by the Government of Iran.


29.9.2025
(27.11.2013, suspended since 16.1.2016)




171.


Valfajr 8th Shipping Line
(a.k.a. Valjafr 8th Shipping Line, Valfajr)


No 119, Corner Shabnam Alley, Shoaa Square, Ghaem Magam Farahani, Tehran, Iran P.O. Box 15875/4155
Abyar Alley, Corner of Shahid Azodi St. & Karim Khan Zand Ave., Tehran, Iran
Shahid Azodi St., Karim Khan Zand Ave., Abiar Alley, PO Box 4155, Tehran, Iran
Registration number: IR30813GN


Valfajr 8th Shipping Line is owned and controlled by Islamic Republic of Iran Shipping Lines (IRISL).


29.9.2025
(27.11.2013, suspended since 16.1.2016)’











ELI: http://data.europa.eu/eli/dec/2025/1978/oj
ISSN 1977-0677 (electronic edition)