VOL. XXX

NO. 17

2-FEBRUARY-1987

IRAN

Iranian Production Nears Quota Level

The comparative lull in Iraqi air strikes against Iranian oil export targetsover the past few weeks at least up until 25 January (see item above) seems tohave allowed Iran to raise its oil output to somewhere near the OPEC quota levelof 2.255mn b/d. Gulf oil sources estimate that Iran's oil exports have recentlybeen running at some 1.7mn b/d. Domestic refinery throughput, somewhat hamperedby the damage caused by Iraqi raids,...