VOL. XXXI 

NO. 23 

14-MARCH-1988

ABU DHABI OFFERS PRICE COMPENSATION TO TERM CUSTOMERS ON DECEMBER-FEBRUARY LIFTINGS

The Abu Dhabi National Oil Company (ADNOC) has offered its term contract customers in Japan retroactive financial compensation to help offset the difference between official prices and market prices during December, January and February. According to MEES sources, the offer - which was proposed to Japanese term buyers in Tokyo last week by an ADNOC delegation...