VOL. XXXIII
NO. 46
20-AUGUST-1990
Iran
Iran Hikes Prices and Volumes for Japanese Customers
In a major rerouting of its oil export pattern, Iran's NIOC has committed agreatly expanded volume of crude oil to Far Eastern markets in the fourthquarter, which will largely be subtracted from regular deliveries to Europe.Also, NIOC has secured substantially improved price terms for its larger crudevolumes to Japanese customers - with the formulas up $0.60/B on Iranian Lightand $1.40/B on Iranian Heavy....
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