Middle East Economic Survey


No 8



Iranian Crude Oil Exports Decline 3.5% During 2005 To Average 2.463Mn B/D

Iranian crude oil exports averaged 2.463mn b/d during 2005, a decline of 89,000 b/d, or 3.5%, from the 2004 average of 2.552mn b/d, according to data obtained by MEES. Exports from onshore oilfields fell to 1.873mn b/d, down 5% from the 2004 average of 1.971mn. The decline in exports from onshore fields came despite infield developments and new development...