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JGC Corporation

JGC Corporation

Industry: 
Energy, Engineering
Symbol: 
TYO:1963
States: 
TX
Country: 
Japan
Contact Information: 
Sources: 

JGC was hired as a contractor to design the expansion of the National Iranian Oil Refining and Distribution Company's Arak refinery.

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JGC maintains an overseas office in Tehran, Iran. (JGC website."Global network")

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"Japanese energy producer Inpex Corp. (1605.TO) and plant maker JGC Corp. (1963.TO) are included in a list of companies that have been confirmed by the U.S. Government Accountability Office to have either signed an agreement to conduct business, invested capital or received payment for providing goods or services in connection with a Iranian oil, gas, or petrochemical projects during the 2005-09 period.

Inpex has been engaged in the development of the Azadegan oil field in southwestern Iran, and JGC participated in expanding a refinery located in Arak, western Iran, according to the GOA report, which was released April 22.

Members of the U.S. Congress are debating legislation that would impose unilateral sanctions against Iran over its uranium processing activities." (Down Jones Newswires, "Japan Not Too Worried Inpex, JGC On US Sanctions List," 4/27/10)