SEPP Collects the Third Instalment of Its NIOC Receivable: $4 Million of $52.6 Million
Sahmino Newsroom | 14 November 2026 | 4 hours ago
Naft Sepahan Company (ticker SEPP) said in a group-B disclosure posted on Codal on 14 November 2026 (23 Aban 1405) that it has collected and booked the third instalment of its receivable from the National Iranian Oil Company, $4 million out of a total of $52.6 million.
The company says $12 million of the receivable has now been received; by simple subtraction, about $40.6 million is still outstanding. It adds that pursuing the remainder is being handled with urgency. The disclosure was filed under "other important information" in tier B.
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At 11:39 on Saturday 14 November SEPP traded 2.99% above the previous close, with a last trade of 37,530 rials.
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