Middle East Economic Survey

VOL. XLVIII

No 5

31-January-2005

IRAN

Iranian Crude Exports Rise 6.8% In 2004 to Average 2.55Mn B/D

Iranian crude exports averaged 2.552mn b/d during 2004, an increase of 162,000 b/d, or 6.8% over the 2003 average of 2.39mn b/d, according to data obtained by MEES (MEES, 7 June 2004). Exports from onshore oilfields rose to 1.971mn b/d during 2004, an increase of 202,000 b/d, or 11.4%, over the 2003 average of 1.769mn b/d. Iranian Light crude accounted for most of the...