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US Treasury sanctions Syrian government’s energy networks

August 3, 2015

WASHINGTON (AP) — The Treasury Department on Monday targeted 11 companies and individuals suspected of providing energy products the Syrian government of Bashar Assad is using in the conflict there.

Treasury said many of those targeted are front companies the Syrian government has used to evade U.S. and European Union sanctions.

Monday’s action freezes any assets the entities have in U.S. jurisdiction and prohibits Americans from doing business with them.

The companies sanctioned are: The Eagles, based in Syria; Morgan Additives Manufacturing Co., based in Dubai; Milenyum Energy, which is registered in Panama and operates in Turkey; Blue Energy, which is registered in St. Kitts and Nevis; Elba Trade, based in Beirut; and Green Shipping Ltd. and Aqua Shipping Ltd., which also operate from Turkey. The four individuals sanctioned are employed by Milenyum.

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