VOL. XXXIII
NO. 19
12-FEBRUARY-1990
Syria
Syria Signs Term Contracts for Light Crude
Syria has finalized term contracts for its light crude blend (37ø API) oildeliveries in 1990 with prices to be set on a quarterly basis, MEES learns.Deliveries are scheduled to start in the second quarter, with Q2 prices set atDated Brent minus 40 cents/B. The target volume for the year is 100,000 b/d.However, because of the problems encountered in the development of the newfields as well as uncertainty as to the...
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