Yemen Renews Crude Contracts For 1996; Rolls Over 4Q Crude Prices
MEES understands from industry sources that the Yemeni Government has renewed its crude oil export contracts for 1996 in line with of those of 1995. With the exception of Japan's Cosmo Oil, which lifted 5,000 b/d of Masila crude during 1995, and which is still negotiating with Yemeni officials, contract volumes will remain unchanged. Total volume for 1996 contract liftings of...
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