VOL.XLIII

No.05

31January 2000

LIBYA

Libya Leaves February PriceFormulas Unchanged

Libya has left most of itsprice formulas for February unchanged, with the sole exception of Bouri, whichwas reduced by 10 cents/B. The following table shows the adjustment factors forLibyan crudes in relation to Dated Brent during the second half of 1999 andfirst two months of 2000 ($/B):

1999

2000

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Zueitina (41º)

-0.45

-0.10

-0.10

-0.15

-0.15

+0.05

+0.25

+0.25

Brega (40º)

-0.15

+0.25

+0.20

+0.15

+0.15

+0.35

...