VOL. XXXI
NO. 14
11-JANUARY-1988
IRAN
NIOC Indicates Readiness to Extend January Spot-Related Price for Whole ofFirst Quarter
MEES understands that Iran's NIOC has verbally indicated to Japanesecustomers its readiness to extend the market-related price set for January -spot Oman minus 10 cents/B for Iranian light and spot Dubai minus 20 cents/B forIranian Heavy - for the whole of the first quarter. Earlier, NIOC had beenmaintaining that this price formula should be valid only for January,...
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