VOL. XXXVIII

NO. 17

23-JANUARY-1995

Yemen

Yemen Mulls Price Formula Changes For 2Q 1995, Condensate Separation

MEES understands that Yemen's oil marketing authorities are currently in theprocess of reassessing the pricing structure for sales of Marib Light and Masilacrude grades. Term purchases of both crudes are currently priced in relation toDated Brent with adjustment factors set on a quarterly basis. However, the Brentmarket has demonstrated considerable weakness recently relative to sour...