OpenLegislation

Division I The entity listed below shall be inserted in the list set out in Part I, Section B (Entities), of Annex II to Decision 2010/413/CFSP:

United Kingdom

Original text. Later amendments are not shown.

NameIdentifying informationReasonsDate of listing
118.North Drilling Company (NDC)

No 8 35th St. Alvand St.

Argentine Sq. Tehran

Iran

Tel. (+ 98) 2188785083-8

North Drilling provides financial support to the Government of Iran through being indirectly owned by the Mostazafan Foundation, a major Iranian parastatal entity controlled by the Government of Iran. North Drilling is an important entity in the energy sector which provides substantial revenues to the Government of Iran. Additionally, North Drilling has imported key equipment for the oil and gas industry, including prohibited goods. Therefore, North Drilling provides support for Iran's proliferation-sensitive nuclear activities.23.4.2014