NO. 12/13

25 DEC 1989/1 JAN1990


Qatar Ups December Price Formula by 5 Cents/B

Qatar's QGPC has notified its term contract customers of a 5-cent/B increasein the price formula applicable to crude liftings in December. The Decemberprice formula for Qatar crudes has been set at Oman's monthly assessment price (MPM)plus 25 cents/B for Qatar Dukhan and MPM plus 20 cents/B for Qatar Marine, asagainst MPM plus 20 cents/B and MPM plus 15 cents/B respectively in November.