17 OCTOBER 1988
Mitsubishi to Boost November Saudi Crude Liftings to 150,000 b/d inResponse to Price Incentives
Japan's Mitsubishi Corp. has agreed to lift an extra 50,000 b/d inNovember, over and above its regular contract volume of 100,000 b/d, in responseto price incentives offered by Saudi Arabia, MEES learns. The incremental 50,000b/d will benefit from a discount of 30 cents/B off the formula price for theregular contract volumes. The original Saudi offer to...