VOL. XXXV

NO. 5

4-NOVEMBER-1991

Iran

Pakistan to Buy 40,000 b/d of Fuel Oil from Iran

As from this month, Pakistan will purchase 2mn tons (40,000 b/d) of fuel oilfrom Iran on an annual basis, under an agreement reached recently in Islamabad.Pakistan currently purchases 20,000 b/d of crude oil from Iran. Last May Iranand Pakistan signed a memorandum of understanding for the construction of ajointly-owned refinery with a 120,000 b/d processing capacity (MEES, 5 August).The refinery will be located...