Regulation 27O Prohibition on providing relevant energy-related servicesF1

A person must not provide, directly or indirectly, relevant energy services.

Paragraph (1) is subject to Part 6 (Exceptions and licences).

A person who contravenes the prohibition in paragraph (1) commits an offence, but it is a defence for a person charged with that offence (“P”) to show that P did not know and had no reasonable cause to suspect that P was providing relevant energy services.

In this regulation—

• “oil or gas exploration” includes the exploration for and management of oil and gas reserves, as well as the provision of geological services in relation to such reserves;

• “oil or gas production” includes bulk transmission services for the purpose of transit or delivery to directly interconnected grids;

• “relevant energy services” means any of the following services which are necessary for an oil or gas exploration project in Iran or an oil or gas production project in Iran—

  1. (a)

     drilling;

  2. (b)

     well testing;

  3. (c)

     logging and completion services;

  4. (d)

     supply of specialised floating vessels.