Middle East Economic Survey
VOL. LIV
No 44
31-Oct-2011
IRAN
Iran Sets Overambitious Target For Caspian/Gulf Swaps
The Director of NIOCs International Relations Department, Mohsen Qamsari, announced that Iran has managed to swap, since the end of August, around 20,000 b/d of Caspian oil, primarily from Turkmenistan, with an analogous volume of its own crude oil exported via the Gulf. The NIOC official told IRNA that Iran intends to more than triple the swapped volumes to reach 70,000 b/d by...
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