IRANIAN OIL OUTPUT SAID TO DECLINE

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP99-00498R000100200060-6
Release Decision: 
RIPPUB
Original Classification: 
K
Document Page Count: 
1
Document Creation Date: 
December 20, 2016
Document Release Date: 
June 15, 2007
Sequence Number: 
60
Case Number: 
Publication Date: 
April 23, 1980
Content Type: 
OPEN SOURCE
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PDF icon CIA-RDP99-00498R000100200060-6.pdf59.92 KB
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STAT Approved For Release 2007/06/15: CIA-RDP99-00498R000100200060-6 ARTICLE APPEARED ON PAGE_ -'t STAT T3EW YORK TIMES 23 APRIL 1980 Iranian U11 utputSaid Nil eeS.. 0 Buyers Iranian Impass&With Moscow Admiral Turner appeared before the committee with two aides, Ronald L. Smith, chief of the Central Intelligence Agency's International Materials divi- sion, and John E. Eckland, chief of the agency's petroleum Supply Analysis Center. The three faced a wide range of ques- tions, which elicited a number of con- clusions: The Iranian Government and the Soviet Union are at an impasse on ne- gotiations over prices paid by MOSCOW for natural gas imports. 9The Japanese have stockpiled 93 days of oil supplies for their economy, while West Germany and other West- ern European nations have slightly less - about 90 days' supply. 9The Soviet Union will switch from being a net exporter of oil next year to being a net importer and will start making purchases from Persian Gulf states. 9Soviet and United States demand for energy "sets the stage for an Fast- West competition for Mideast oil." The possibility of such a confronta- tion and the probability of a disruption of oil supplies from the Persian Gulf were the reasons that the committee held the bearings, according to its chairman, Senator Henry M. Jackson, Democrat of Washington. SpedaiWT eNcwYorkT ,es WASHNGTON, April 22-The Direc- tor of Central Intelligence told a Senate bearing today that Iranian oil exports were continuing to decline but that this did not appear to pose an immediate threat to the economies of either Japan or other major petroleum-importing nations. Adm. Stanfield Turner testified that sabotage in the Iranian oilfields, the -lack of proper maintenance of equip- ment, such as, pumps and pipelines, plus a Ian in exploration and drilling bad combined to reduce Iranian ex- ports to 1.5 million barrels a day. . "I think even this number is going to erode downward," Admiral Turner told the Senate Energy Committee. Because of falling production, Admi- ral Turner said, "the Iranians -don't have a great deal of leverage at this time, but coupled with what other oil .., exporters do, it could be serious." Approved For Release 2007/06/15: CIA-RDP99-00498R000100200060-6