VOL. XXXIV
NO. 11
17-DECEMBER-1990
Oil Prices
Total and Shell Obtain ADNOC Price Plus $1/B Premium for Term Sales of AbuDhabi Equity Crudes to Third Parties
MEES understands that CFP-Total and Shell International Trading (SITCO) havefinalized negotiations on price formulas of the ADNOC monthly asssessment pricesplus a premium of $1/B on term sales of their Abu Dhabi equity crudes tothird-party Japanese customers for the first six months of 1991.
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