NO. 37

17 JUNE 1991


Iranian Output Down Slightly in May

According to data from MEES sources, Iran's crude oil exports averaged2,414mn b/d, down by 62,000 b/d from the April figure of 2,476mn b/d. Allowingfor domestic refining throughput of around 800,000 b/d, Iran's crude oil production in May is estimated to have totaled 3,214mn b/d as against 3,276mn b/d inApril.

In May, FOB liftings made by the National Iranian Oil Company (NIOC)accounted for 876,000 b/d (around 50-50 as between...