VOL. XXXVI

NO. 52

27-SEPTEMBER-1993

IRAN

Iran's NIOC Signs Up For Sumed Space And Expands Storage Availability InEurope

Iran's NIOC is making determined efforts to improve its oil marketingflexibility by signing up for direct use of Egypt's Sumed transit pipeline fromthe Gulf of Suez to the Mediterranean and lining up increased storageavailability both in the Mediterranean and Northwest Europe. MEES understandsthat a framework NIOC/Sumed deal was signed between the Sumed authorities andNIOC's...