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Pars Oil Co.

On the SDN listEntityIRANIRAN-EO13876

Pars Oil Co. (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Programs: IRAN, IRAN-EO13876. Addresses on file in: Iran. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.

Iran has 981 entities, vessels or aircraft with an address on the SDN list, ranking #2 among all countries. Other sanctioned entities with an address in Tehran 1549944511 are listed below.

Sanctions programs

Iran (Iranian Transactions and Sanctions Regulations) IRAN

Broad sanctions against Iran. They cover the Government of Iran and entities it owns or controls, and prohibit, unless authorized, nearly all trade by U.S. persons with Iran.

Iran: Supreme Leader (Executive Order 13876) IRAN-EO13876

June 2019 order that sanctions Iran's Supreme Leader, his office and those he appoints or who act on his behalf.

Also known as

  • PARS OIL · aka
  • SHERKAT NAFT PARS SAHAMI AAM · aka

Addresses on file

  • No. 346, Pars Oil Company Building, Modarres Highway, East Mirdamad Boulevard, Tehran 1549944511, Iran
  • Postal Box 14155-1473, Tehran 159944511, Iran
  • Iran

OFAC remarks

Website http://www.parsoilco.com; Additional Sanctions Information - Subject to Secondary Sanctions; National ID No. 10100302746 (Iran); Registration Number 6388 (Iran); Linked To: TADBIR ENERGY DEVELOPMENT GROUP CO.

Frequently asked questions

What does it mean that Pars Oil Co. is on the SDN list?

It means that its property and interests in property under U.S. jurisdiction are blocked and U.S. persons are generally prohibited from dealing with this entity. Entities it owns 50% or more of, directly or indirectly, are also considered blocked.

Can a non-U.S. company do business with Pars Oil Co.?

OFAC sanctions bind U.S. persons and companies, as well as transactions that pass through the U.S. financial system (for example, U.S. dollar payments). Some programs, such as those for Russia and Iran, include secondary sanctions on non-U.S. persons. Seek advice before transacting.

How does an entity get removed from the SDN list?

A sanctioned party can petition OFAC for removal by showing a change in circumstances. OFAC publishes removals on its website; DataCloud USA updates the list daily and marks the profiles of delisted parties.

More context: how to check if a company is debarred or sanctioned.