VOL. XLII

No. 36

6-September-1999

SYRIA

Syria Cuts September Price Formula For Light Crude

Syriaç—´ state agency Sytrol has reduced the September priceformula for its Syrian Light crude by 20 cents/B to Dated Brent minus 35cents/B. The price formula for Syrian Heavy for September has yet to besettled. Syria is looking for a price formula of Dated Brent minus $2.10/B,while the companies are seeking a price of Dated Brent minus $2.15/B. Thefollowing table shows the adjustment factors for Syrian crude...