Exmar SA (Belgium)






According to Exmar’s company website, Exmar is a shipping company that transports petroleum and natural gas products internationally (Exmar company website, Accessed March 19, 2013).

Date: June 2006

Deal: In June 2006, Exmar signed a $2.4 billion contract with Iranian shipbuilding company SADRA Group for 10 liquefied natural gas (LNG) carriers, according to the Iranian press (Shana (Iran), June 18, 2006). The first delivery was planned for 2011 followed by one every six months, according to an industry publication (Lloyd’s List, June 20, 2006). It is not clear if all of the ships were delivered or completed.

Date: Ongoing

Deal: According to the company’s 2012 Annual Report, it has an Iranian subsidiary, EXMAR Qeshm Private Ltd (Annual Report 2012, March 2013). Further details on the company or its activities are not available. 

U.S. Business Ties:

According to USAspending.gov, Exmar SA has never received any money from the United States government (USAspending.gov, Accessed March 29, 2013).