Mohsen Qamsari, director for international affairs of National Iranian Oil Company, referred to the embargo on Faylaca Petroleum, based in Dubai, saying: “By sanctioning this company, the US has officially contravened the Geneva deal.”
Faylaca Petroleum is facing sanctions for cooperating with Iran in selling gas condensate.
Qamsari said Iran will continue selling its oil and gas condensate “although it may face some problems.”
On Friday, Washington imposed sanctions on over 25 individuals and companies, including shipping firms, oil companies, airlines and six banks over alleged links with Iran.
The sanctions come as Iran and the six countries are in talks to reach a final agreement aimed at resolving the standoff over Tehran’s civilian nuclear work.
The two sides signed a historic interim deal in the Swiss city of Geneva in November 2013. The agreement entered into force on January 20 and expired six months later. In July, Iran and the six countries agreed to extend their negotiations until November 24 in a bid to work out a final accord.
The next round of talks between Iran and the six countries will be held in New York in September.
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