NIOC

Details

Organization Timeline

MEES reports NIOC’s netback supply deal with Shell

📅 6 January 1986

MEES reported NIOC and Shell finalizing a 1986 crude-supply deal exceeding 100,000 barrels daily. Netback pricing linked Iranian sales to refined-product values in Northwest Europe.

MEES reports resumed Kharg loading after pumping damage

📅 17 February 1986

MEES reported renewed loading at Kharg following attacks on inland pumping facilities. Estimated exports remained roughly half their usual level, showing the vulnerability of the supply chain.

MEES reports Iran’s push for delivered oil sales

📅 12 October 1987

MEES reported Iran trying to expand crude sales on cost, insurance and freight terms. Resistance to official prices encouraged changes in how oil was marketed and delivered.

MEES reports an agreement to complete IGAT-2

📅 14 November 1988

MEES relayed IRNA’s report of NIOC agreeing with Saipem to complete the IGAT-2 gas pipeline. Restoring stalled gas infrastructure formed part of Iran’s postwar economic recovery.