NO. 10

11 December 1989


No Change in Qatar Price Formula for November

Qatar's QGPC and its term contract customers have agreed to keep the priceformula for November liftings unchanged from October at Oman's assessment price(MPM) plus 20 cents/B for Qatar Dukhan and at MPM plus 15 cents/B for QatarMarine.

On this basis actual prices for Qatar crude for the past 11 months work outas follows ($/B):

 Nov. Oct. Sept. Aug. July June May Apr. Mar. Feb. Jan.Dukhan (40) 16.85 16.83 16.27...