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Iran's oil output falls by 1,60,000 bpd in December -- Surve
REUTERS
Nicosia, Jan 24: Organisation of the Petroleum Exporting Countries (Opec) giant Iran lowered its crude oil production by 1,60,000 barrels per day (bpd) in December to 3.42 million bpd, the Middle East Economic Survey (MEES) said on Monday. The publication said Iran registered average crude exports of 2.02 million bpd, while 1.4 million bpd were deliveries to domestic refineries. Iran has an Opec production quota of 3.359 million bpd.Opec total production in December dropped by 7,90,000 bpd. But added that production by the 10 member states, excluding Iraq, rose by 1,90,000 bpd. Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.
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