The National Iranian Oil Company is a government-owned national oil and natural gas producer and distributor under the direction of the Ministry of Petroleum of Iran. NIOC was established in 1951 and restructured under The Consortium Agreement of 1954. NIOC ranks as the world's second largest oil company, after Saudi Arabia's state-owned Aramco.

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Country: Iran
Headquarters: Tehran
Inception: April 30, 1951
Website: http://en.nioc.ir/Portal/Home/

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