VOL. XXXVII

NO. 3

18-OCTOBER-1993

Iran

Oil Ministry Instructs NIOC To Cut Production To 3.6Mn B/D

Iran's Oil Ministry has issued a statement affirming that it has instructedNIOC to produce at the OPEC quota level of 3.6mn b/d for October. The Iranianstatement said: "Due to OPEC's latest agreement, NIOC has been instructedby the Ministry of Petroleum to produce 3.6mn b/d for October, which includes950,000 b/d for domestic consumption and 2.65mn b/d for export. Moreover, this2.65mn b/d has already...