VOL. XXXIII

NO. 33

21 MAY 1990

UAE

Japanese June Liftings of Abu Dhabi Crude Restricted to Contract Volumes

MEES understands that the Abu Dhabi National Oil Company (ADNOC) has notifiedits Japanese and other Far Eastern crude customers that lifting nominations upto contract volume levels will be confirmed for June, but that nominationsabove those levels (using the 5% operational tolerance rule) will not beaccepted.

Meanwhile, the foreign equity holders in Abu Dhabi are reported to have beennotified...