IRAN
Iran Finalizes 300,000-400,000 b/d of Crude Sales on Product Netback Price Basis
MEES learns that Iran's NIOC has now finalized crude oil supply deals totaling 300,000-400,000 b/d with a number of European and US firms - including Shell, BP, Amerada-Hess and Texaco - on a product netback or "deemed processing" price basis. According to MEES sources, confirmation of the deals was telexed by NIOC to the companies concerned at the end of May, and deliveries are...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!