EU removes entities from Iran sanctions lists

Following a review of its nuclear sanctions on Iran and several judgments of the General Court and the Court of Justice annulling listings on those measures, the EU has confirmed that a number of entities no longer appear on the EU’s sanctions lists (see previous blogs here and here). They are:

• Moallem Insurance Company
• Petropars Operation & Management Company
• Petropars Resources Engineering Ltd
• Iran Aluminium Company
• Iran Liquefied Natural Gas Co.
• Hasseatic Trade Trust & Shipping (HTTS) GmbH
• Naser Bateni
• North Drilling Company
• Good Luck Shipping Company LLC

In addition, the EU has confirmed that it has deleted from its sanctions lists the following entities:

• Bank Saderat PLC (London) (see previous blogs on the EU deletion of Bank Saderat Iran)
• Neka Novin
• West Sun Trade GMBH
• Oil Industry Pension Fund Investment Company (OPIC)

See Regulation (EU) 2017/77 implementing Regulation 267/2012 and Decision 2017/83 amending Decision 2010/413/CFSP. HM Treasury’s notice is here.