VOL. XXXIX

No. 8

20-November-1995

OMAN

Shell Sets 1996 Term Price For Oman Crude Sales

Agreement has been reached between Shell International Trading and Shipping Company (Stasco) and its existing Asian term customers for Oman crude supplies on a 1996 price of Oman MPM (Ministry of Petroleum and Minerals) assessment price plus 8 cents/B, a reduction of 2 cents/B from the 1995 formula. Stasco will now hold similar talks with new customers. Shell has a 34% equity stake in Oman's main...