VOL. XLVI

No 11

17-March-2003

IRAN

Iranian Crude Exports Fell 7.6% In 2002 To Average 2Mn B/D

According to data from MEES sources, Iranian crude exports fell by 7.6% in 2002 to average 2.007mn b/d, a drop of 166,000 b/d from the 2001 average of 2.173mn b/d (MEES, 9 December 2002). Exports from onshore oilfields declined during the year by 12.7% to 1.479mn b/d, while exports from offshore oilfields increased on average by 10.7% to 529,000 b/d as a result of increased production from the Sirri...