VOL. XLIII

No. 35

28-August-2000

SUDAN

SPC Awards Arcadia Nile Blend Contract

On 23 August, the Sudan Petroleum Company (SPC) awarded Arcadia Petroleum of the UK the marketing contract for 600,000 barrels/month of Nile Blend for a six-month period beginning in October, with prices based on Indonesias ICP (Minas) formula minus $0.39. The Nile Blend contract was formerly held by UK-based Trafigura (MEES, 14 August). Sudan has produced an average of 176,000 b/d during the first half of 2000, with...