VOL. XXXVII

NO. 7

15-NOVEMBER-1993

Iran

Iran SellsCrude Oil From Greece

MEES learns thatIran's NIOC has started selling crude oil ex-Greece beginning in the first halfof November, as a result of a storage arrangement with Motor Oil Hellas (MEES, 8November). The measure is part of Iran's effort to improve the flexibility ofits oil marketing operations in the Mediterranean and NW Europe. NIOC has alsoacquired storage space in Rotterdam, Le Havre and Sweden and is in the processof implementing an...