Middle East Economic Survey

VOL. LI

No 4

28-January-2008

IRAN

Iran Exported 2.37Mn B/D Of Crude In December

The National Iranian Oil Company (NIOC) exported 2.37mn b/d of crude oil in December, a decline from the 2.48mn b/d exported in November, MEES understands. The companys refineries typically process 1.45mn b/d of Iranian crude, which suggests that NIOC produced an estimated 3.82mn b/d in December. This compares with estimated Iranian production of 3.93mn b/d in November (MEES, 24 December...