This news release is issued in respect of the restrictive measures directed by the Council of the European Union against Iran.
The following entries have been annulled:
PETROPARS OPERATION & MANAGEMENT COMPANY (Group ID 12881)
PETROPARS RESOURCES ENGINEERING LTD (Group ID 12882)
On 22 June 2015 a judgment of the General Court of the European Union in regard to Petropars Iran and Others vs Council (Case T-433/13) (“the Judgment”) was published in the Official Journal of the European Union. The Judgment annulled the following, only insofar as they concerned Petropars Aria Kish Operation and Management Co. and Petropars Resources Engineering Kish Co.
The Judgment was not appealed within 2 months and 10 days and so the annulments listed have now come into force.
As a consequence of the Judgment, Petropars Aria Kish Operation and Management Co. and Petropars Resources Engineering Kish Co. are no longer subject to the asset freeze imposed by Council Regulation (EU) No. 267/2012.
ANNULMENT OF LISTINGS
PETROPARS OPERATION & MANAGEMENT COMPANY
a.k.a.: POMC
Address: South Pars Gas, Assaluyeh, Bushehr
Other Information: Subsidiary of designated entity Petropars Iran Company. Tel: +98-772-736852. Website: http://www.petropars.com/Subsidiaries/POMC.aspx
Group ID: 12881
PETROPARS RESOURCES ENGINEERING LTD
a.k.a.: PRE
Address: 4 Floor, No. 19 5 St., Gandi Ave, Tehran, Iran, 1517646113
Other Information: Subsidiary of designated entity Petropars Iran Company. Tel: +98-21 88888910/13. Website: http://www.petropars.com/Subsidiaries/PRE.aspx
Group ID: 12882
Further details of the sanctions regime related to Iran and links to the Consolidated List of individual and entities subject to other financial sanctions regimes may be found on the Customs and Excise pages of the Isle of Man Government website.
