Social-security (Tamin) investment arm for oil, gas and petrochemicals. Historical PGPIC holder (~8.6% in a 2018 snapshot) and 15.3% of Nouri. TAPICO’s own reporting still treats the PGPIC stake as a top earnings line.
Short
TAPICO
Site
Tehran
ANALYST NOTES
Not the same as the oil pension funds — a second parastatal cheque-book with its own board claims.
TOPICO (Tamin Oil, Gas and Petrochemical Investment) is the Nouri-register spelling of the same family.