No. 28

14 July 1997


Iranian Crude Exports Rebound To 2.418Mn B/D In June

According to data from MEES sources, Iran's crude oil exports averaged 2.418mnb/d in June, an increase of 138,000 b/d over the May average of 2.280mn b/d. Allowing forestimated deliveries to domestic refineries of 1.2mn b/d in June, Iran's crude oilproduction for the month is put at 3.618mn b/d as compared with 3.48mn b/d in May.

Liftings by the National Iranian Oil Company (NIOC) averaged 923,000 b/d in June...