VOL. XLII

No. 24

14-June-1999

IRAN

Sirri Marketing Launch Off To A Good Start DespiteProduction Snags

Production rates at Iran痴 Sirri A and Sirri E oilfieldshave yet to reach their respective plateaus, but already the new crude isenjoying considerable marketing success. Output from the fields is sold at adiscount to Iran Light crude and this differential has narrowed substantiallysince export shipments commenced in April this year. Cargoes loading in Juneand July have been sold at prices as...