Mitsui and Marubeni Sign 4Q Iranian Supply Contracts
MEES learns that two more Japanese buyers have now signed contracts withIran's NIOC for fourth-quarter Iranian crude deliveries. They are Mitsui with21,000 b/d (same as third quarter) and Marubeni with 11,000 b/d (as against5,000 b/d in third quarter).
Previous 4Q contracts for Iranian crude supplies had been signed by Cosmo(30,000 b/d), Showa-Shell (20,000 b/d) and C. Itoh (31,000 b/d). The 4Q pricesfor...