Middle East Economic Survey

VOL. XLVII

No 46

15-November-2004

IRAN

Aqaie Estimates Irans Refining Output At 1.55Mn B/D

Irans Deputy Petroleum Minister Mohammad Aqaie, also Managing Director of the National Iranian Oil Refining and Distribution Company (NIORDC), has estimated the countrys current oil refining output at 247mn liters/day (1.55mn b/d). The figure is higher than the widely accepted estimate of around 1.45mn b/d for Irans total refining capacity (the EIA pegs Irans crude distillation...