No 30



Irans Oil Production Down6% In Year To 20 March

Irans oilproduction fell by 6% in the last Iranian year, ending 20 March, according tothe Iran Daily newspaper of 22 July. Citing the Abrar-e-EqstadiPersian daily, the report said that oil production during the period averaged3.44mn b/d, a decline of 225,000 b/d on the previous year. Exports were said tohave averaged 2.24mn b/d, down 10% from the previous year, mainly because ofthe reduction in Irans OPECproduction...