VOL. XXXI
NO. 40
11-JULY-1988
SAUDI ARABIA
Petrobras Contracts for 150,000 b/d of Saudi Crude
MEES understands from market sources that Brazil's Petrobras has concluded a150,000 b/d crude supply contract with Saudi Arabia. The contract is for aperiod of two months - July-August 1988 - in the first instance, renewable onan evergreen basis. Prices are reportedly based on spot prices of a basket offive international crudes.
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