Middle East Economic Survey

VOL. LI

No 24

16-June-2008

IRAN

Irans Exports To Rise To 2.5Mn B/D In June, Says Khatibi

Iran plans to reinstate full exports of Iranian crude oil following a two-month period during which liftings have been reduced in response to lowered demand from refiners, and during which heavy crude oil has been stored offshore in tankers (MEES, 12 May). Irans OPEC Governor Mohammad Khatibi told reporters on 8 June: Iran will be exporting at least 2.5mn b/d of oil in June. He added...