VOL. XXXIII

NO. 40

9-JULY-1990

Iran

Kanematsu and Voest-Alpine Conclude Prepayment and Barter Deals with Iran

MEES learns that the Japanese trading house Kanematsu-Gosho has finalized aprepayment deal with Iran's NIOC, involving advance payment for deliveries ofsome 20,000 b/d of Iranian crude over one year starting on 1 April 1990. OtherJapanese trading houses which had previously entered into oil prepayment dealswith Iran, totaling some $900mn, are Tomen, C. Itoh, Mitsui and Marubeni (seeMEES,...