VOL. XLV

No 11

18-March-2002

OMAN

OmanReady To See Its Crude Replacing DubaiBenchmark, Says Rumhy

The Omani OilMinister, Muhammad al-Rumhy, said last week that hiscountry was willing to see Omancrude replace Dubaias a crude oil benchmark and was ready to start discussing the means by whichthis could be achieved. In a wide-ranging interview with the daily Omanof 10 March, Dr Rumhy added that anumber of companies from Japan,Koreaand Chinahad asked for a change after the decline in Dubaisproduction...