VOL. XXX

NO. 29

27-APRIL-1987

IRAN

Iran Seeking to Renew Processing Deals

Iran's NIOC has so far succeeded in renewing about half the 300,000 b/d ofprocessing deals which were operational in the first quarter of this year, MEESunderstands. Among the processing arrangements that are said to have beenrenewed for the next three to six months are those with Shell InternationalTrading (50,000 b/d), Ssangyong of South Korea (45,000 b/d), Vitol (30,000 b/d),Marimpex (volume uncertain) and possibly...