No. 04



Iranian Crude Exports Decline By 5.8% To Average 2.124Mn B/D For 1999

According to data from MEES sources, Iranian crude exports decreased by 5.8% to an average 2.124mn b/d for 1999, down 130,000 b/d from the 1998 average of 2.254mn b/d. With regard to Irans December crude exports, liftings for the month averaged 2.02mn b/d, down 160,000 b/d from the November average of 2.18mn b/d. Allowing for estimated deliveries to domestic refineries of 1.4mn b/d in...