Persons on Whom Sanctions Have Been Imposed Under the Iran Sanctions Act of 1996, 59034 [2012-23614]

Agencies

• DEPARTMENT OF STATE

[Federal Register Volume 77, Number 186 (Tuesday, September 25, 2012)]
[Notices]
[Page 59034]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-23614]


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DEPARTMENT OF STATE

[Public Notice 8040]


Persons on Whom Sanctions Have Been Imposed Under the Iran 
Sanctions Act of 1996

AGENCY: Bureau of Economic and Business Affairs, Department of State.

ACTION: Notice.

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SUMMARY: The Secretary of State has determined that the following 
persons have engaged in sanctionable activity described in section 5(a) 
of the Iran Sanctions Act of 1996 (Pub. L. 104-172) (50 U.S.C. 1701 
note) (``ISA''), as amended by the Comprehensive Iran Sanctions, 
Accountability, and Divestment Act of 2010 (Pub. L. 111-195) (22 U.S.C. 
8501-51) (``CISADA''), and that certain sanctions should be imposed as 
a result: Sytrol.

DATES: Effective Date: The sanctions on Sytrol are effective August 10, 
2012.

FOR FURTHER INFORMATION CONTACT: On general issues: Christopher 
Backemeyer, Office of Sanction Policy and Implementation, Department of 
State, Telephone: (202) 647-4322.
    For U.S. Government procurement ban issues: Daniel Walt, Office of 
the Procurement Executive, Department of State, Telephone: (703) 516-
1696.

SUPPLEMENTARY INFORMATION: Pursuant to the authority delegated to the 
Secretary of State in the Presidential Memorandum of September 23, 
2010, 75 FR 67025 (the ``Delegation Memorandum''), the Secretary has 
determined that the following persons have engaged in sanctionable 
activity described in section 5(a) of the ISA, as amended by the 
CISADA: Sytrol.
    Pursuant to section 5(a) of the ISA and the Delegation Memorandum, 
the Secretary determined to impose on Sytrol the following sanctions 
described in section 6 of the ISA:
    1. Procurement sanction. The United States Government shall not 
procure, or enter into any contract for the procurement of, any goods 
or services from Sytrol.
    2. Banking transactions. Any transfers of credit or payments 
between financial institutions or by, through, or to any financial 
institution, to the extent that such transfers or payments are subject 
to the jurisdiction of the United States and involve any interest of 
Sytrol, shall be prohibited.
    3. Property transactions. It shall be prohibited to:
    a. Acquire, hold, withhold, use, transfer, withdraw, transport, 
import, or export any property that is subject to the jurisdiction of 
the United States and with respect to which Sytrol has any interest;
    b. Deal in or exercise any right, power, or privilege with respect 
to such property; or
    c. Conduct any transaction involving such property.
    Based on the sanctions imposed on Sytrol, these prohibitions also 
apply with respect to any person in which Sytrol has an interest of 
fifty percent or more. These sanctions apply with respect to Sytrol and 
not to any subsidiary, affiliate, or shareholder thereof unless 
separately identified.
    The sanctions described above with respect to Sytrol shall remain 
in effect until otherwise directed pursuant to the provisions of the 
ISA or other applicable authority. Pursuant to the authority delegated 
to the Secretary of State in the Delegation Memorandum, relevant 
agencies and instrumentalities of the United States Government shall 
take all appropriate measures within their authority to carry out the 
provisions of this notice. The Secretary of the Treasury is taking 
appropriate action to implement the sanctions for which authority has 
been delegated to the Secretary of the Treasury pursuant to the 
Delegation Memorandum and Executive Order 13574 of May 23, 2011.
    The following constitutes a current, as of this date, list of 
persons on whom sanctions are imposed under the ISA. The particular 
sanctions imposed on an individual company are identified in the 
relevant Federal Register Notice.

--Allvale Maritime Inc. (see Public Notice 7585, 76 FR 56866, September 
14, 2011)
--Associated Shipbroking (a.k.a. SAM) (see Public Notice 7585, 76 FR 
56866, September 14, 2011)
--Belarusneft (see Public Notice 7408, 76 FR 18821, April 5, 2011)
--FAL Oil Company Limited (see Public Notice 7776, 77 FR 4389, Jan. 27, 
2012)
--Kuo Oil (S) Pte. Ltd. (see Public Notice 7776, 77 FR 4389, Jan. 27, 
2012)
--Naftiran Intertrade Company (see Public Notice 7197, 75 FR 62916, 
Oct. 13, 2010)
--Petrochemical Commercial Company International (a.k.a. PCCI) (see 
Public Notice 7585, 76 FR 56866, September 14, 2011)
--Petr[oacute]leos de Venezuela S.A. (see Public Notice 7585, 76 FR 
56866, September 14, 2011)
--Royal Oyster Group (see Public Notice 7585, 76 FR 56866, September 
14, 2011)
--Soci[eacute]t[eacute] Anonyme Mon[eacute]gasque D'Administration 
Maritime Et A[eacute]rienne (a.k.a. S.A.M.A.M.A., a.k.a. SAMAMA) (see 
Public Notice 7585, 76 FR 56866, September 14, 2011)
--Speedy Ship (a.k.a. SPD) (see Public Notice 7585, 76 FR 56866, 
September 14, 2011)
--Sytrol
--Tanker Pacific Management (Singapore) Pte. Ltd. (see Public Notice 
7585, 76 FR 56866, September 14, 2011)
--Zhuhai Zhenrong Company (see Public Notice 7776, 77 FR 4389, Jan. 27, 
2012)

    Dated: September 18, 2012.
Deborah A. McCarthy,
 Acting Assistant Secretary of State for Economic and Business Affairs.
[FR Doc. 2012-23614 Filed 9-24-12; 8:45 am]
BILLING CODE 4710-07-P