VOL. XXXIV

NO. 8

26-NOVEMBER-1990

Iran

Iran to Supply Greece with 1.7Mn Tons of Crude in 1991

Iran and the state-owned Public Petroleum Corporation (DEP) of Greece havesigned a contract under which Greece will receive 1.7mn tons of crude oil(34,000 b/d) during 1991. The agreement becomes effective on 1 January and wassigned by DEP President Eleftherios Skandalis during a recent visit to Iran. Thecontract will fill 20-30% of Greece's needs and may be increased to 2.5mntons/year (50,000 b/d). This...