Iranian Oil Company Chief Denies Report of Oil-Sale Contract Approved by Minister
Hamid Bord says oil sales follow defined regulations and oversight procedures, while declining to disclose sensitive operational details.
The National Iranian Oil Company’s managing director denied a report alleging an oil-sales contract with an individual named “Aghayari” had been approved by Iran’s oil minister. He said sales follow established regulations and oversight procedures, while emphasizing that details of oil transactions are sensitive. The available source confirms the denial but does not independently verify the underlying allegation or its refutation.
Hamid Bord, managing director of the National Iranian Oil Company, has denied a media report alleging that the company signed an oil-sales contract with an individual identified as “Aghayari” with the authorization of Iran’s oil minister. The denial was reported by Iran’s state news agency IRNA, citing the Oil Ministry.
According to Bord, the National Iranian Oil Company conducts oil sales under established rules, procedures and regulatory requirements, with oversight by relevant monitoring bodies. He said the company is accountable to legal and supervisory authorities, including the judiciary.
Bord also referred to projects intended to circumvent sanctions, saying that some details should not be discussed publicly because disclosure could benefit Iran’s adversaries. He urged media outlets to pursue oil-sales issues through official channels and characterized information about oil sales as highly sensitive.
The available evidence verifies the executive’s denial and his description of the company’s stated procedures. It does not independently establish whether the reported contract existed, whether ministerial authorization was sought, or whether any investigation has been opened. The source also provides no documentary evidence or response from the outlet or parties associated with the original allegation.