VOL. XXXIX

No. 29

15 April 1996

IRAN

NIOC Shows Western Bias In March, But Asia Still Makes Strong Showing

Far East lifters made a strong showing on NIOC's customer list again in March, lifting over 900,000 b/d out of a total export program of 2.54mn b/d during the month (see related story below). While NIOC's Asian orientation was less pronounced in March than it was in February (MEES, 11 March), it nonetheless squares with the refining sector's typical operating pattern of high...