VOL. XXXI

NO. 23

14-MARCH-1988

NORTH YEMEN

North Yemen Sells 67,000 b/d Government Crude for Second Quarter

MEES learns that North Yemen's General Department of Crude Oil Marketing hasfinalized the sale of the government's share of crude oil for the secondquarter, estimated at 67,000 b/d, to Mobil (22,000 b/d), Coastal (25,000 b/d),Texaco (10,000 b/d), Nippon Oil (5,000 b/d) and Mitsui (5,000 b/d). The priceformula for the sale is based on Platt's spot quotations for a 50-50 average ofDated Brent...