VOL. XXXVII
NO.6
8-NOVEMBER-1993
Iran
Iran To Start Oil Transit Through Sumed Soon
MEES understands that Iran's NIOC is currently in the process of chartering aULCC tanker to ferry crude oil from Kharg Island to Ain Sukhna on a regularbasis in order to transit Iranian crude through the Sumed pipeline system. Thisfollows the initial agreement signed in late July between the NIOC tradingsubsidiary Naft Iran (NICO) and Sumed which would allow, for the first time, thetransit of Iranian oil through the...
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