Vol. XL

No. 2

13 January 1997


Iranian Crude Exports Fall By 254,000 B/D To2.401Mn B/D In December

According to data from MEES sources, Iran'scrude oil exports averaged 2.401mn b/d in December, a decline of 254,000 b/d from theNovember average of 2.655mn b/d. Allowing for estimated deliveries to domestic refineriesof 1.2mn b/d in December (up 100,000 b/d from throughput in November), Iran's crude oilproduction for the month is put at 3.601mn b/d as compared with 3.755mn b/d in November.