Middle East Economic Survey

VOL. LIII

No 41

11-Oct-2010

IRAN

Nomura Sees 25% Decrease In Oil Exports From Iran, Inpex Considers Leaving Azadegan

The decision of the Japanese government to follow the US lead and enforce tougher sanctions on companies dealing with Iran (MEES, 6 September) may help reduce Iranian oil exports by 25%, according to Tokyo-based conglomerate Nomura International. Nomura estimated that tighter measures against Iran could force [Irans total] oil exports to below 1.5mn...