No. 4



NIOC To Sell 1.5Mn Tons Of Crude Oil To Bulgarian Refinery

The National Iranian Oil Company (NIOC) will supply Bulgaria's Neftohim refinery with 1.5mn tons (30,000 b/d) of crude oil during 1996, refinery officials announced on 16 October. This follows a deal signed between NIOC and Neftohim in 1994 for the supply of 1.5mn tons over a 12- month period to the refinery which is located at the Black Sea port of Bourgas. That deal is due to expire at the...