VOL. XXXV
NO. 5
4-NOVEMBER-1991
Iran
4Q Japanese Liftings of Iranian Crude Projected at 405,000 b/d
Term contract liftings of Iranian crude by Japanese customers for Japanesedestinations are projected at 405,000 b/d in the fourth quarter of 1991, MEESunderstands. This compares with 380,000 b/d in 3Q, 330,000 b/d in 2Q and 425,000b/d in 1Q. The 4Q FOB price formulas for crude shipments to Japan are: IranianLight, Oman spot plus 20 cents/B; Iranian Heavy, Dubai spot minus $1.15/B (MEES,30...
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