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.

IranIran European UnionEuropean Union

About Maya Lester QC

Maya Lester QC

Maya Lester QC is a senior barrister (Queen’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. The legal directories say she is the...

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