No 3

21 January 2002


Sytrol Raises Official Gravity OfSyrian Light Crude From February

Syria痴 Petroleum MarketingDepartment (Sytrol) has raised the official average gravity of the Syrian Lightblend to 37.7コ API effective 1 February, with a range of 37.4-38.0コ API exemptfrom the escalation/de-escalation pricing clause, according to a Sytrol statementpublished on 13 January. Thus, the standard sales contract will now contain theprovision that the final price shall be increased by...