IRAN AFFIRMS INTENTION TO PRODUCE TWO EXTRA BARRELS FOR EVERY ADDITIONAL BARREL OF IRAQI OUTPUT
Iran's Minister of Oil, Mr. Mohammad Gharazi, has affirmed his country's determination to produce two extra barrels of oil for every barrel of additional output by Iraq through the newly completed 500,000 b/d Iraqi-Saudi pipeline link to the Yanbu' terminal on the Red Sea. In an interview with MEES Executive Editor Ian Seymour during the recent OPEC conference in Vienna, Mr. Gharazi...
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