VOL. XXXII
NO. 48
4-SEPTEMBER-1989
IRAN
Iran Earmarks 250,000 b/d to Finance Products Imports and RefineryConstruction
In its 1989-1990 budget (covering the period 21 March 1989-20 March 1990)Iran has set aside up to 200,000 b/d of crude oil exports to pay for imports ofpetroleum products and a further 50,000 b/d to finance various oil-relatedprojects. According to Note 31 A in the budget, the Ministry of Oil isauthorized "to take out of the country for sale through the agency of theNational...
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