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NI
National Oil Company
Integrated
National Iranian Oil Company
Tehran, Iran · Established 1951 · Profile updated July 1, 2026
Official website ↗Auditor Executive Assessment
Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum
National Iranian Oil Company (NIOC) controls Iran's vast hydrocarbon resources, including the world's second-largest gas reserves and fourth-largest oil reserves. Operations span upstream production, refining, petrochemicals, and international marketing, though US and EU sanctions significantly constrain exports, technology access, and financial transactions.
Production has recovered to approximately 3.2 mbpd of crude with gas output above 28 Bcfd. Financial data is not publicly disclosed in ac...
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