VOL. XXXV
NO. 12/13
23/30-DECEMBER-1991
Egypt
Egypt Shifts to Monthly Oil Price Revisions
Effective 1 January 1992, Egyptwill shift from semimonthly to monthly revisions of its oil pricing formula.The monthly revisions, which will be announced ten days before the start of eachmonth, have reportedly been introduced in response to requests from customerswho feel that the more spaced-out revisions would provide better planningprospects for them.
For the month of January the price of the benchmark...
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