NO. 29


North Yemen

Sun Oil Lifts 10,000 b/d for Second Quarter

Sun Oil has signed a contract with North Yemen for the second quarter for10,000 b/d of Marib Light to be shipped to the US at the price of Dated Brentplus 20 cents/B FOB Ras 'Isa. It replaces the US firm Amerada Hess which liftedthe same volume during the first quarter but refused to accept the secondquarter price formula for US destined crude.

North Yemen's General Department of Crude Oil Marketing has already...