VOL. XXXIII

NO. 23

12-MARCH-1990

Iran

Lube-Oil Unit Back on Stream at Abadan

The National Iranian Oil Company has put the 1,500 b/d lube-oil processingplant at the Abadan refinery back into operation after repairs costing $9.5mn,according to a report by the official news agency IRNA. The report added thatIran will now be able to cut its imports of lube-oil by 46% at a saving of $32mnannually in foreign exchange.