VOL. XXXIV

NO. 21

25-FEBRUARY-1991

Iran

Iran Sells Romania 80,000 B/D of Crude Oil

Iran has agreed to sell Romania 4mn tons (80,000 b/d) of crude oil in 1991,according to an agreement signed in Bucharest on 21 February by the RomanianMinister of Economics, Mr. Eugen Dijmarescu, and Iranian Vice President MassoudRoghani Zanjani. The agreement also stipulates that Iran will process a largevolume of crude oil at Romanian refineries. Iran will also provide Romania witha $100mn grant that will be used...