VOL. XXXIII
NO. 34
28-MAY-1990
Iraq
Iraq Keeps Far East Formula Prices Unchanged for 3Q Iraq's
SOMO and its Japanese customers have agreed to keep the third-quarter priceformula for liftings of Basrah Light crude ex-Yanbu' unchanged at Oman/Dubaispot average plus 3 cents/B, MEES learns. Lifting volumes of Basrah Light byJapanese term buyers in 3Q are expected to remain more or less the same as in 2Qat around 200,000 b/d.
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