London (Platts)--12Nov2012/1015 am EST/1515 GMT

While the article of November 1, 2012 entitled "Iran bypasses sanction by selling fuel oil through UAE entity" is under review, Platts wishes to make clear that this article does not and was not intended to suggest that Monjasa, Golden Crown or Gulf Petrochem referred to in the article stored fuel oil from Iran or in any other way breached US sanctions currently in force against Iran.

Each of these companies has assured Platts that they fully comply with US sanctions in respect of Iran. Platts regrets any confusion.