2007/6/20 Mehr News
Iran lists 21 oil companies for privatization
An official of the Iran Privatization Organization (IPO) said on Tuesday that the Ministry of Petroleum released the list of its 21 subsidiary companies for privatization.
Talking to MNA, the Legal Deputy of the IPO Seyyed Mehdi Oqadaii added, "Based on the Paragraph A of the list, five affiliates of the National Iranian Oil Company (NIOC) will be privatized by the end of current Iranian year (March 20, 2008).
"Of the given companies, two are affiliated to the National Iranian Oil Refining and Distribution Company (NIORDC)."
The Ministry of Petroleum also listed 9 subsidiaries of the National Petrochemical Company (NPC) and five of the National Iranian Gas Company (NIGC) for privatization, he added.
National Iranian Oil Company (NIOC) 5社 National Iranian Oil Refining and Distribution Company (NIORDC) 2社 National Petrochemical Company (NPC) 9社 National Iranian Gas Company (NIGC) 5社
Iran’s Petroleum Ministry names 21 privatization-bound companies
Iran’s Petroleum Ministry here Saturday released the list of 21 companies to cede to the private sector in line with the Article 44 of the Constitution.
The list was approved by the ministry and the terms and conditions of delivery are set by the Iranian Privatization Organization (IPO).
Out of the companies, five belong to National Iranian Oil Company (NIOC), nine to National Petrochemical Company (NPC), five are affiliates of National Iranian Gas Company (NIGC), and two of National Iranian Oil Refining and Distribution Company (NIORDC).
NIOC subsidiaries 5
Petroiran Development Company (PEDCO),
North Drilling Company (NDC),
Iranian Offshore Engineering and Construction (IOEC),
Transportation and Logistics Company
NIORDC subsidiaries 2
NPC subsidiaries 9
Transportation of Petrochemical Industries Company 1 不足
NIGC subsidiaries 5
Hamedan Gas Company
Chaharmahal & Bakhtiari,
Bid-Boland Gas Refinery
June 17, 2007 IranMania.com
40% of Iran petrochem industry to be privatized
In line with the
implementation of the policies outlined in Article 44 of the
Constitution, Iran plans to sell 40% of the shares of the
petrochemical industry as 'justice shares', which are
only made available to the underprivileged strata of Iran, MNA
Mehdi Aghajani, an official of the Central Headquarters for Implementation of Article 44 of the Constitution, explained that 20% of the shares are being allocated to Iran's National Petrochemical Company (NPC), 35% will be put on sale at the Tehran Stock Exchange, and the remaining 5 percent would go to petrochemical industry personnel.
The 20% allocated to the NPC is meant to support petrochemical industry projects but may be offered to the private sector in the future, he explained.
Seven development plans have been devised to boost the output of the petrochemical industry, and in all these plans there is room for private sector investment, Aghajani said.
If any private sector company seeks to set up a petrochemical plant, the government will not oppose the plan, he added.
Iran to privatize 17 petrochemical companies by March 20
Iran’s National Petrochemical Company
(NPC) will privatize 17 companies in line with the enforcement of
Article 44 of the Constitution in the current Iranian year (to
end March 20, 2008), said an official here on Saturday.
The NPC plans to privatize over 60 companies, whose list was sent to the Petroleum Ministry’s Headquarters for Enforcement of Paragraph C of Article 44, Mehdi Aqajani, a headquarters member, told MNA.
The company finds the privatization obligatory and has started ceding its units to the private sector since 1989, he added.
2002/Aug-Sept NPC News Bulletin
The Iranian President Seyed Mohammad Khatami backed privatization in petrochemical sector saying that, "transferring petrochemical facilities to private sector is an important activity which has taken place and will be pursued in the industry".
2007/10/8 Tehran Times
Iran’s Oil Ministry excludes 25
companies from privatization
Iran’s Petroleum Ministry here Sunday submitted the list of 25 companies exempted from privatization to the Majlis (parliament).
Talking to MNA, Ali Kardor added the 25 companies’ involvement in upstream and production sectors and sanctions are the main reasons behind the decision.
National Iranian Oil Refining and Distribution Company (NIORDC),
Pars Special Economic Energy Zone Co.,
National Iranian Gas Company (NIGC),
National Petrochemical Company (NPC),
National Iranian Oil Products Distribution Company (NIOPDC),
National Iranian Gas Export Company (NIGEC),
National Iranian Oil Engineering and Construction Company (NIOEC),
Iranian Fuel Conservation Organization (IFCO),
Iranian Gas Engineering and Development Company (IGEDC),
National Iranian Oil Pipeline and Telecommunication Company (NIOPTC),
Petrochemical Terminal and Tank Farm Company (PTTC), and
South Pars Gas Complex (SPGC) are among the companies.