VOL. XLII

No. 11

15-March-1999

OPEC

Norwegian Norm Prices For 4Q98

The following are the norm prices for Norwegian crude oil asset by the Petroleum Price Board (PPB) for oil lifted in the fourth quarter of1998. The norm prices are used as tax reference prices for the taxation of thecrude oil producers on the Norwegian continental shelf and are set in arrearsfor every quarter, with a provision of 30 days of credit ($/B):

Oct

Nov

Dec

Brent Blend (fob Sullom Voe)

12.60

11.00

9.95

...