VOL. XXXI

NO. 34

30-MAY-1988

QATAR

June Price Formula Cut by 5 cents/B

Qatar's QGPC has accorded its term contract customers a 5-cent discount onits price formula for June liftings. The June formula has been set at the Omanmonthly assessment (PDO) price plus 10 cents/B for Qatar Dukhan crude and plus 5cents/B for Qatar Marine. The May formula provided for PDO plus 15 cents/B forDukhan and plus 10 cents/B for Marine (MEES, 16 May).