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National Iranian Oil Refining and Distribution Company
National Iranian Oil Refining and Distribution Company (NIORDC) is part of the Ministry of Petroleum of Iran. NIORDC was established on 8 March 1991 and undertook to perform all operations relating to refining and distribution of oil products.
Responsibilities and duties (as of 2009)
Installations and capabilities
As of 2010, NIORDC had 19 subsidiaries and affiliated companies, including 9 oil existing refineries. Between 2007 and 2012, oil refining capacity for crude oil and gas condensate would increase from 1600000 oilbbl/d to 3300000 oilbbl/d. By 2009, Iran had a total refining capacity of 1860000 oilbbl/d. Other facilities:
Fuel imports
Major gasoline suppliers to Iran historically have been India, Turkmenistan, Azerbaijan, the Netherlands, France, Singapore, and the United Arab Emirates. The Financial Times reported that Vitol, Glencore, Trafigura and other (western) companies had since stopped supplying petrol to Iran because of international sanctions. In 2006, Vitol, a MNC based in Switzerland, supplied Iran with 60% of its total gasoline cargo imports.
New facilities
While the country remains dependent on small gasoline and diesel imports, net gasoline imports in 2013 averaged only 33 000 bpd. This compares to refined product imports of 182 000 bpd in 2009, of which two thirds was gasoline (approximately 132 000 bpd). Planned in 2011, Qeshm refinery (capable of processing heavy crude oil) will have an output capacity of 30,000 barrels a day of light oil products and will become operational by 2014.
Subsidiary companies
The NIORDC subsidiaries are as follows:
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