VOL. XXXV
NO. 23
9-MARCH-1992
Oil Prices
No Change in Yemen Price Formula for 2Q
Yemen's oil marketing authorities have maintained the second-quarter priceformula for Marib Light crude unchanged from the first quarter, at Dated Brentplus 35 cents/B. The Yemeni prices for all destinations are FOB Ras 'Isa anddetermined at around five days from B/L, with payments 30 days from B/L.
Current Yemeni oil production is around 190,000 b/d, with the governmentshare at approximately 90,000 b/d. The oil...
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