Company Description
Focus on streamlined administrative red tape, optimization of the administrative system and recreation of a competitive atmosphere, more economic and social effectiveness, equilibrium bet
asargad oil companyen government and other economic sectors in the third and fourth fiveyear economic development plans convinced the government to approve the cession of bitumen production plants owned by the National Iranian Oil Refining and Distribution Company (NIORDC). To that effect, the NIORDCrun bitumen production plants at Tehran, Shazand, Abadan, Tabriz, Shiraz and Bandar Abbas refineries were ceded to the Social Security Organization and the State Pensions Fund. These two bodies then teamed up and established Pasargad Oil Company (POC) to administer the six bitumen production plants. Pasargad Oil Company was registered at Tehran Office for Registration of Companies and Industrial Properties on July 9, 2003. POC is currently a public joint stock company. It listed at Iran Farabours Company in March 2013. Â