VOL. XXXI

NO. 13

4-JANUARY-1988

JAPAN'S MITI SETS QUOTA GUIDELINES FOR CONTRACT PURCHASES OF IRANIAN OILBY JAPANESE FIRMS

Although the various reports on the subject over the past week have beensomewhat confused and contradictory, MEES understands that Japan's Ministry ofInternational Trade and Industry (MITI) has in fact come up with specific volumequota guidelines for the purchase of Iranian crude by Japanese term contractcustomers in 1988. The purchase of spot Iranian crude by Japanese buyers...