Statements: PEDEC

Canonical ID: NK-Nxz7uF6UWvQKx9rBkVM4MX · Entity type: Organization (reference)

PropertyValueLangSource datasetSource IDFirst seen
Organization:notes(Date of UN designation: 2025-09-29) (Designation details: 16.10.2012, suspended since 16.1.2016)be_fod_sanctionsbe-fod-976905b92ed6875570cc979cbebfceb13ab4f611
Organization:notesIR0000054377 (regnumber-Registration Number) (on 1980-08-27)be_fod_sanctionsbe-fod-976905b92ed6875570cc979cbebfceb13ab4f611
Organization:notesThe Petroleum Engineering & Development Company (PEDEC) is a subsidiary of the National Iranian Oil Company (NIOC) and its development and engineering arm. NIOC is a State-owned and operated entity providing substantial financial resources to the Government of Iran. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC.be_fod_sanctionsbe-fod-976905b92ed6875570cc979cbebfceb13ab4f611
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