VOL. XXX

N0. 10

15-DECEMBER-1986

SAUDI ARABIA

Saudi Arabia's Petromin Advises Potential Customers of Price Formula forTerm Contracts for Refined Products

MEES understands that Saudi Arabia's Petromin has been informing potentialcustomers of the price formula that is applicable for purchases of Saudi refinedproducts on a term contract basis. According to MEES sources, the price formulain question is essentially as follows:

(1) For products ex-Yanbu, notably gasoline, jet kerosine and gas oil:...