VOL. XXX

NO. 24

23-MARCH-1987

QATAR

Qatar Signs 20,000 B/D Term Contract with Mobil

Qatar has signed a 20,000 b/d term contract with Mobil at official priceseffective 1 April, MEES learns. The agreement is for one year initially andevergreen thereafter, and allows for flexible lifting on a monthly basis. MEESalso understands that ENI/Agip has agreed as of March to lift 20,000 b/d ofQatari crude at official prices in accordance with a previous agreementbetween the two countries.

Qatar's insistence...