NO. 28

11 APRIL 1994


Iranian OutputRebounds in March

After registeringaround 100,000 b/d below the OPEC quota level of 3.6mn b/d in January andFebruary, Iran's crude oil production rebounded to over 3.7mn b/d in March,according to MEES estimates.

Data from MEES sources indicate that Iranian crude exports averaged 2.716mnb/d in March, up 242,000 b/d from the February figure of 2.474mn b/d. Allowingfor estimated crude deliveries to domestic refineries of around 1mn b/d, Iran'sMarch...