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| Iran for Oil Is Your Online Pipeline Following The Money To The Politics, Politicians And Corporations |
HEADLINES
Iran airs its version of encounter with U.S. ships
OPEC cuts oil demand forecast for 2030
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Video
Excerpts
In a visit to the oil rich fields of Abu Dhabi, President Bush delivered a speech in which he declares Iran to be a harbinger of terrorism for this region. Bill Plante reports from Abu Dhabi.
(San Francisco) For the second time in 2 months a ship carrying oil hit a bay area bridge. Thuy Vu has details of the U.S. Coast Guard investigation into the incident.
(San Francisco) An oil-filled barge hit the Richmond-San Rafael bridge Thursday evening, but a preliminary investigation shows no oil was spilled.
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National Iranian Oil Company

From Wikipedia, the free encyclopedia
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Type |
State-owned |
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Founded |
1948 |
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Headquarters |
Tehran, Iran |
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Key people |
Gholamhosein Nozari, Minister of Petroleum ; , Managing
Director ........; Abdol-Mohammad Delparish, COO; Abbas
Allahdad, CFO |
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Industry |
Petroleum industry |
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Products |
Oil, Gas, Petrochemicals |
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Revenue |
$51 bn USD (2007) |
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Website |
www.nioc.com |
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The National Iranian Oil Company (NIOC), under the direction of
the Ministry of Petroleum of Iran, is an oil and natural gas
producer and distributor headquartered in Tehran. It was
established in 1948.
NIOC was established with the objective of the exploration,
development, production, marketing and sales of crude oil and
natural gas. NIOC's oil and gas in place reserves are 137 bn
barrels (10% of world's total) and 41.14 trillion cubic meters
(15% of world's total), respectively which give it a unique
status in the global energy supply. As of 2005 it also owns 50%
of the offshore gas field of Rhum in the North Sea, which is
Britain's largest untapped gas field. NIOC is considered the
second largest oil firm of the world [1]. NIOC produces 50-80%
of its industrial equipment domestically including oil tankers,
oil rigs, offshore platforms and exploration instruments
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Current NIOC production capacities include over 4 million
barrels of crude oil and in excess of 300 million cubic meters
of natural gas per day. On the export side, the company benefits
from its modern extensive facilities on the three islands of
Kharg, Lavan and Siri consisting of 17 jetties capable of
berthing tankers of all sizes to lift and export its crude oil.
Iran's overall export crude oil price value about 52 billion
dollars until the end of the year (Iranian calendar, March 21,
2007)
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Join the Discussion about Iran for Oil
Iran has one of the cheapest gas prices in the world because the Government subsidies many basic commodities, including gasoline totalling some 30 billion dollar (as of 2006). Coincidently, Iran has also one of the highest gas consumption per capita in the world. Experts agree that oil is a pollutant and that its usage should be made as efficient as possible and not waisted (or encouraged) through subsidies. Consequently, Iran has become a net importer of gasoline.
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