VOL. XXXIV

NO. 45

12-AUGUST-1991

Iran

Aghazadeh Puts Iran's Production at 3.5mn b/d

According to Iranian Oil Minister Gholamreza Aghazadeh, Iran's crude oil production has averaged 3.5mn b/d in the four monthsfrom 21 March (the start of the Iranian year). In a statement in Tehran on 3August, Mr. Aghazadeh said that exports had averaged 2.58mn b/d over the period,with domestic refining throughput at 900,000 b/d. Prices for Iranian crude hadaveraged $16/B, yielding revenues of $5.14bn over the...