Middle East Economic Survey


No 43



NIORDC Says Irans Products Inventories 15-20% Higher Than Last Year

The Managing Director of the National Iranian Oil Refining and Distribution Company (NIORDC) Alireza Zeighami was quoted by the petroleum ministrys Shana website on 20 October as saying that Iran has expanded its stocks of oil products, including fuel oil and gas oil, by 15-20% compared with this time last year. He said that Iran would face no problem meeting peak...