VOL. XLIV
No. 17
23-April-2001
IRAN
Iran Introduces Alternating Monthly Cuts To Customers
MEES learns that in order to achieve export cutbacks of an average 5% for May loadings, following the March OPEC production agreement, the National Iranian Oil Company (NIOC) will cut some customers by 10% and leave the volumes of others unchanged from April. These reductions for some customers will be in addition to the 10% reduction across the board by NIOC following the OPEC production cutbacks in...
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