VOL. XXXI

NO. 3

26-OCTOBER-1987

QATAR

Qatar to Apply Market Price Formula for October

Faced with the specter of falling liftings, Qatar has notified its crudecustomers of a market-related price formula which will be applicable in thefirst instance for the month of October, MEES understands. According toMEESsources, the October formula relates Qatar crude prices to the average spotprices for Oman crude as quoted by Platt's. Qatar Dukhan will be priced at Omanplus 20 cents/B and Qatar Marine at Oman...