Parliament Approves Budget Line for National Iranian Oil Co.

published:09/12/2025 04:51 GMT

Lawmakers have approved creating a dedicated budget line for investment in approved projects of the National Iranian Oil Company (NIOC) and other exploration and production companies in the annual budget. During the second open session on Sunday, Parliament members continued reviewing the Budget and Planning Committee’s report on the double-urgency bill on requirements and provisions for annual budget laws, which adds several articles to parts of the government’s financial regulations. After...More