Ministry of Petroleum (Iran) - National Iranian Oil Company (NIOC)

National Iranian Oil Company (NIOC)

National Iranian Oil Company (NIOC) is in charge of oil and gas exploration and production, refining and oil transportation.

National Iranian Tanker Company (NITC), a subsidiary of NIOC, controls the second largest fleet of tankers in OPEC. Iranian Offshore Engineering and Construction Company (IOEC) is also an important subsidiary of NIOC. It is a joint-venture between NIOC and IDRO.

Read more about this topic:  Ministry Of Petroleum (Iran)

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