VOL. XXXVII

NO. 47

22-AUGUST-1994

Iran

Iran To Step Up LPG Sales To South Korea

Iran has concluded a deal with South Korea's Daewoo for the sale of 500,000tons/year of liquefied petroleum gas (LPG) starting from the beginning of nextyear, subject to a future increase to 1mn t/y if both sides agree. Accordingto Mr. Ahmad Rahgozar, Iran's Deputy Oil Minister and President of theNational Petrochemical Company, the Daewoo deal was part of a program foradvance sales of products designated to help...