VOL. XXXVIII

NO. 821-NOVEMBER-1994

Oman

Shell Agrees 1995 Price Terms With Far East Contract Holders

Equity producer Shell and its Far East contract buyers have reached agreementon prices for full-year 1995 contract extensions, following negotiations earlierthis month (MEES, 14 November). As a result, buyers will pay a premium of 10cents/B over the Ministry of Petroleum and Minerals' (MPM) retroactive monthlyprices for the entire 12 months of 1995, as opposed to the 7.25 cents/B premiumprevailing...