SINGH DAILY CULTURE PRESS LIMITED

In January 2020, OFAC sanctioned Triliance and three other petrochemical and petroleum companies that have collectively transferred the equivalent of hundreds of millions of dollars’ worth of exports from the National Iranian Oil Company (NIOC), which helps to finance Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and its terrorist proxies. Iran’s petroleum and petrochemical industries are major sources of revenue for the Iranian regime and fund its malign activities throughout the Middle East. Triliance has used various front companies to purchase, or facilitate the purchase and movement of, petrochemical products from Iran, and the entities targeted today help facilitate Iran’s petrochemical and petroleum exports in contravention of U.S. economic sanctions;" (U.S. Treasury, "Treasury Sanctions Companies for Enabling the Shipment and Sale of Iranian Petrochemicals," 9/3/2020). (https://home.treasury.gov/news/press-releases/sm1114)

"Triliance used Dynapex Energy – Chinese entity based in Hong Kong, to facilitate the shipment and resale of tens of thousands of metric tons of petrochemical products worth millions of dollars to an Asian country;

(also DYNAPEX ENERGY LIMITED)

(also SINGH DAILY CULTURE PRESS LIMITED, SINGH SCIENCE AND TECHNOLOGY DEVELOPMENT CO., LIMITED, SINGH DAILY CULTURE PRESS LIMITED, SINGH SCIENCE AND TECHNOLOGY DEVELOPMENT CO., LIMITED)