Name
National Iranian Oil Products Distribution Company (niopdc)
🇮🇷
Source
Switzerland - Sanctions List
Type
Entity
Aliases
National Iranian Oil Products Distribution Company (niopdc)
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Additional Information
Addresses:
No.1, Iranshahr Ave. Shadab.St, Iran
Other information:
Tel: +98-21-77606030
Registration number: 4000000128233
Website: www.niopdc.ir
Justifications:
The National Iranian Oil Products Distribution Company (NIOPDC) is a wholly-owned subsidiary of the National Iranian Oil Refining and Distribution Company (NIORDC), which is in turn a wholly-owned subsidiary of the National Iranian Oil Company (NIOC). NIOC is a State-owned and operated entity providing substantial financial resources to the Government of Iran. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC. NIOPDC is tasked with the provision of fuel throughout the country. Therefore, NIOPDC is owned or controlled by an entity providing support to the Government of Iran. Furthermore, it provides essential services to the IRGC.