VOL. XXXI

NO. 27

11-APRIL-1988

Qatar Price for April Agreed but May Still In Doubt

Qatar's QGPC and its term crude customers have agreed on a price formula forApril - namely the Oman monthly assessment (PDO) price plus 15 cents/B forQatar Dukhan and plus 10 cents/B for Qatar Marine - but Japanese buyers are apparently not happy with a QGPC proposal that the sameformula should beapplied for May. The reason for this is apparently not so much a matter ofpure price in relative value terms, but more...