Iran may reduce fuel oil exports by 50 percent next month as maintenance work at the Persian Gulf state’s Abadan refinery cuts output, according to an official at National Iranian Oil Co. The country may ship about 200,000 metric tons of fuel oil in March, compared with as much as 400,000 this month and 350,000 tons in January, said the official, who asked not to be identified because of internal company rules. The state-run company, known as NIOC, plans to shut half of its 390,000 barrel-a-day Abadan refinery for 20 to 30 days next month, said the official. The maintenance plan isn’t final and may change, according to the official. The Middle East nation reduced fuel oil exports to an average of 200,000 tons a month in the quarter ended Dec. 31 from about 600,000 tons earlier in the year as demand from domestic power plants climbed during winter, […]