National Iranian Oil Company

Hafez Crossing, Taleghani Ave.
Tehran, Iran
Phone: +98-21-6615-2929
Fax: +98-21-6615-3886
http://www.nioc.ir/English/

Overview

Sitting on a deep reservoir of black gold, Iran shares its oil with the world through the government-owned National Iranian Oil Company (NIOC). NIOC produces more than 4.2 million barrels of crude oil per day from its 137 billion barrels of in-place reserves. It also has natural gas in-place reserves of more than 28.2 trillion cubic meters. Iran has had little exploration activity during the past 30 years, but that is changing as firms from several countries (including France, Italy, Malaysia, and the UK) have ignored US government sanctions to sign development agreements.

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Key Numbers from Hoover's UK

Key financials for National Iranian Oil Company

Company Type Government-owned
Fiscal Year-End March
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Key People from Hoover's UK

Key people and executives for National Iranian Oil Company

Managing Director Seifollah Jashnsaz
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Director Finance Abbas Allahdad
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Director Administration and Human Resources Mohammad Sadegh Bakhshian
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Top Competitors from Hoover's UK

Top competitors of National Iranian Oil Company

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