VOL. XXXV

NO. 34

25 MAY 1992

Iran

Iran Restores June Lifting Volumes For Far Eastern Customers

MEES learns that Iran's NIOC has largely restored June lifting volumes forFar Eastern customers which it had earlier threatened to cut back by some28-30% owing to what it described as overnominations. NIOC apparently told itsFar Eastern buyers that it was in a position to rescind the threatened cutsbecause it had reduced planned deliveries to western destinations in June.However, market sources indicate...