Pakistan to Double Imports of Iranian Oil
Under a trade agreement signed in Tehran last week, Pakistan is to boost its purchases of Iranian crude from 10,000 b/d to 20,000 b/d. The agreement provides for trade exchanges between the two countries to rise to $400mn annually from the present $150mn. Last October Pakistan concluded a one-year deal for the purchase of 500,000 tons (10,000 b/d) of Iranian oil (MEES, 29 October 1984).
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