VOL. XXX

NO. 25

30-MARCH-1987

IRAN-SYRIA

Syria Seeks to Renegotiate Oil Agreement with Iran

A Syrian oil delegation is expected to arrive in Tehran soon to discuss withthe Iranian oil authorities the renewal of the agreement between the two stateswhich expires at end-March, MEES learns. Since 1983, Iran has had a contract tosupply Syria with 6mn tons/year (120,000 b/d) of crude oil, comprising 5mn tons(100,000 b/d) at around 10% below the prevailing official prices and 1mn tons(20,000 b/d) free...