VOL. XLIII
No. 18
1-May-2000
IRAN
NIOC Balances Regional Deliveries And Storage Capacity As 1999 Liftings Reflect Decline From 1998
The Asian crude oil market continues to dominate the export operations of the National Iranian Oil Company (NIOC), but it is determined to maintain market share in Europe and South Africa as well. NIOCs total deliveries to Asia last year were 919,000 b/d, above the 1998 average of 882,000 b/d in all but the second quarter of 1999 (see table below), with volumes to...
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