VOL. XL

No. 25

23-June-1997

SAUDI ARABIA

SABIC Wins Pakistan's MTBE Tender

The Saudi Basic Industries Corporation (SABIC) on 14 June won a tenderto supply Pakistan's Ministry of Petroleum and Natural Resources with two 4,000-toncargoes of methyl tertiary butyl either (MTBE) per month between the period July 1997 andJune 1998. The MTBE will be sold at a premium of $3/ton above the average Singapore MTBEspot quotes on C & F basis to Keamari, representing an increase of $10 over the pricein...