VOL. XLII

No. 02

11-January-1999

IRAN

Iranian Crude Exports Fall By 5.4% To Average 2.254Mn B/D For 1998

According to data from MEES sources, Iranian crude exportsdeclined by 5.4% to an average of 2.254mn b/d for 1998, down 129,000 b/d from the 1997average of 2.383mn b/d. With regard to Irans December crude oil exports, liftingsfor the month averaged 2.221mn b/d as against 2.234mn b/d in November. Allowing forestimated deliveries to domestic refineries of 1.4mn b/d in December, Irans crudeoil...