VOL. XXXIV

NO. 31

6-MAY-1991

Iran

Hungary to Buy 20,000 B/D of Iranian Crude

Hungary will import 20,000 b/d of Iranian crude oil during the next 12months, according to the Iranian news agency IRNA. The deal is part of a letterof understanding signed on 30 April which is designed to boost bilateral tradeto $300mn per year. The letter was signed by Iranian Agriculture Minister IssaKalantari and Hungary's Minister for International Economic Relations Bela Kadar.As part of the accord, Iran will...