VOL. XLIII

No. 47

20-November-2000

OMAN

Shell Sets 2001 Term Price For Oman Crude Sales

MEES learns that agreement has been reached between Shell International Trading and Shipping Company (Stasco) and its existing term customers for Oman crude supplies on a 2001 price of Oman MPM (Ministry of Petroleum and Minerals) assessment price plus 2.5 cents/B, a reduction of 7.5 cents/B from the 2000 formula (10 cents/B). Only once before has the premium been lower during the Asian economic crisis in...