THE PLAYERS

SANCTIONED ENTITIES

Address: Ochakovskoye Shosse, Dom 28, Building 2, Local 3, Room 8, Moscow, 119530, Russian Federation;

Date of creation: 29.6. 2015

Velada LLC is a private company that is involved in the oil and gas sector in Syria.

In December 2019, the Syrian parliament approved a contract granting Velada LLC the right to develop oil and gas in Syria, including in oilfields in the regime-controlled areas in Northeast Syria and a gas field north of Damascus. Thus, it benefits from or supports the Syrian regime.