Future Energy Trading LLC/فیوچر انرژی تریدینگ

Future Energy Trading LLC

Background

Future Energy Trading has a small digital footprint and it is observed that all details of corporate infrastructure, including named CEO, executives, and board members, are intentionally omitted from public corporate registries. This lends evidence to the understanding that the firm serves as a front company within a military financial facilitation organization. Management is likely undertaken by the organization's parent entity Sepehr Energy Jahan Nama Pars Company.

The sanctions from the US was based on evidence that Dubai-based JEP Petrochemical Trading L.L.C (JEP Petrochemical) paid Future Energy Trading L.L.C the equivalent of more than $400 million for a purchase of Iranian oil from Sepehr Energy. JEP Petrochemical intended to purchase an additional two million barrels of Iranian light crude oil from Sepehr Energy for delivery to Europe.

Further Details

• Website: none listed
• Country: United Arab Emirates
• Registration Number: 1000007
• Organization Established: 2021-04-11
• Address: Office 403, Burj Khalifa, Bur Dubai, PO Box: 35888, Dubai, United Arab Emirates
• Associated Entities: JEP Petrochemical Trading L.L.C., Sepehr Energy Jahan Nama Pars Company

Sanctions

• US Office of Foreign Assets Control (OFAC): Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886