Firms Reported in Open Sources to Have Sold Iran Refined Petroleum Products Declined Since June 30, 2010

This paper discusses the sale of refined petroleum products to Iran, which are subject to US sanctions. Based on open source information, four firms—Petróleos de Venezuela SA, China Oil, Unipec, and Zhuhai Zhenrong—were reported to have sold refined petroleum products to Iran between July 1, 2010, and December 31, 2011. According to open sources, the number of firms selling refined petroleum products to Iran has decreased since 2010. The US government did not have contracts with the three Chinese firms or Petróleos de Venezuela SA.

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