No. 24

11 March 1996


Iranian Crude Exports Fall To 2.631Mn B/D in February

According to data from MEES sources, Iran's crude oil exports declined to 2.631mn b/d in February, a drop of 307,000 b/d to a more normal level from the record peak of 2.938mn b/d attained in January. Allowing for estimated deliveries to domestic refineries of 1.1mn b/d in February, Iran's crude oil production for the month is put at 3.731mn b/d as compared with 4.038mn b/d in January.