VOL. XXXVIII

NO. 46

14 AUGUST 1995

Iran

NIOC Registers Record Crude Liftings In July, Increases CharteringActivity

As far as Iranian oil marketing milestones are concerned, July was indeed anotable month. It was obviously no coincidence that the first full month of UStrade sanctions should have been accompanied by peak monthly liftings on thepart of NIOC and its affiliated companies. Rather than lower its FOB price termsto entice direct purchasers, NIOC opted to lift a record 1.250mn b/d of crude...