VOL. XXXII

NO. 14

9 JANUARY 1989

PRICE AND CONTRACT DEVELOPMENTS

Qatar Proposes Price Formula Increase for January

Qatar's QGPC has proposed a 5-cent increase in its January price formula forterm contract customers. The proposed formula for January liftings is Omanmonthly assessment price plus 10 cents for Qatar Dukhan and plus 5 cents forQatar Marine - as compared with PDO plus 5 cents for Dukhan and parity with PDOfor Marine for December liftings.

In 1988 Qatar's price formula evolved as...