VOL. XXXIV

NO. 38

24-JUNE-1991

Iran

Iran Targets US for Sales of 300,000-400,000 b/d of Crude; TreasuryApproves Chevron Request to Import Iranian Crude

MEES understands that the Iranian oil authorities' longterm goal is to sellaround 300,000-400,000 b/d of crude oil (both Iranian Light and Iranian Heavy)to the US market. No fixed date has been set for the achievement of this target,and much will depend on clearing several hurdles, the most important of which isthe release of the hostages in...