Centravis signed a “Letter of Agency” signed by Centravis Chairman of the Board of Directors Igor Marfut on November 18, 2016 granting exclusive agency rights to the Iranian firm, Petro Farayand Sadid (“Petrosadid”) in Iran. (Petrosadid Website, “EXCLUSIVE AGENCY LETTER,” 3/2/2016). As indicated, the certificate is valid until December 31, 2019.
Because of the withdraw by the United States from the JPCPOA, on Nov 27, 2018, we notified Petrosadid that Centravis terminated the agency agreement with no intent to renew it in the future. As of today no business division of Centravis anywhere worldwide has relations with any Iranian companies... (November 27, 2019).