OIIC NikNaft

Company Description

NikNaft Trading Company is one the subsidiaries of Oil Industry Investment Company and related to the Oil Pension Fund Investment Company. NikNaft Company is established in 1998 with this goal to support retirees and shareholders of oil Industry and doing business in the field of Oil, Gas and Petrochemical.NickNaft Company has following strategic planning in next 10 years.- More global intercommunity in field of Oil, Gas and Petrochemical.- Providing high quality of business administrative service with accelerated transmission target- Developing and promoting of non-oil products trade.- Providing new markets and widespread distributing petroleum products not only to neighboring countries but also to more countries around the world.The main activities of the Company are as follows:- Financial investment in oil projects.- Purchasing and selling petroleum products.- Logistics service, such as Transporting, loading and unloading of petroleum products to domestic and foreign companies, Trading and shipping of petroleum products.- Consulting services to the oil trading affairs.Work done in recent years:- SWAP petroleum products such as gasoline from Turkmenistan to Afghanistan, Iraq and Armenia.- Trading petrochemicals products, such as methanol, urea, and melamine to South East Asian countries like Taiwan.- Trading Polymeric material such as, PVC, EX3, and BL3 to South East Asian countries like Taiwan.Current important Company projects:- Purchasing Mazut from Turkmenistan and exports to China.- Purchasing Bitumen and exports to UAE.- Purchasing BL3 and exports to Taiwan.This company also is registered in the exchange of Turkmenistan to trade oil products.