VOL. XXXII

NO. 43

31-JULY-1989

IRAN

3Q Japanese Contract Liftings of Iranian Crude Total 297,000 b/d

The total volume of third-quarter contract liftings of Iranian crude byJapanese customers for delivery to Japan has now been finalized at 297,000 b/d,as compared with 270,000 b/d for the second quarter and 305,000 b/d for thefirst quarter.

The 3Q price formula for Iranian crude remains unchanged from 2Q: parity withspot Oman for Iranian Light and spot Dubai minus 15 cents/B for Iranian Heavy.

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