VOL. XXXII

NO. 38

26-JUNE-1989

IRAN

Iranian Fuel Oil Tenders

MEES understands that Iran offered 150,000 tons of fuel oil on a tenderbasis, FOB Bandar Mahshahr, for May and June and that this volume was lifted incargoes of around 50,000 tons each by Phibro, Cameli and C. Itoh. A secondtender for fuel oil issued for the months of July, August and September for80,000 tons/month has been awarded to the oil trading firms of Phibro and MarcRich, and possibly a Japanese company.