VOL. XXXI
NO. 26
4-APRIL-1988
Indonesian Crude Moving to Japan at $1.56/B below Official Prices
Despite affirmations by Indonesia's Pertamina to the effect that it hasrenewed term contracts with Japanese buyers effective 1 April on the basis ofthe full official price ($17.56/B for Minas), it seems that Indonesian crude isstill reaching Japan at discounted prices.
According to Tokyo sources, the two main Japanese conduits for sales ofIndonesian crude in Japan - Japan-Indonesia Oil (JIO) and Far...
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