VOL. XXXVIIINO. 1616 JANUARY 1995

Iran

Iranian Exports Steady in December

According to data from MEES sources, Iran's crude oil exports averaged 2.63mnb/d in December, down by a marginal 20,000 b/d from 2.653mn b/d in November.Allowing for estimated deliveries to domestic refineries of 1.05mn b/d inDecember, Iran's December crude production is gauged at 3.683mn b/d as against3.703mn b/d in November.

As regards the full year 1994, Iranian crude exports are estimated to havefallen by 6.7% to...