NO. 40

10 JULY 1989


QGPC Maintains Price Formula Unchanged for June

Qatar's QGPC and its term contract customers have agreed to keep the priceformula for June liftings unchanged from that of the previous five months atOman's assessment price (so called PDO or MPM) plus 5 cents for Qatar Marine andplus 10 cents for Qatar Dukhan.

On this basis actual prices for Qatar crude during the first-half of the yearwere as follows ($/B):

 Official Jun May Apr Mar Feb Jan PriceDukhan (40) 16.03...