NO. 18



Syria Finalizes Term Contracts For 1995

MEES learns that Syria has finalized term contracts for exports of its SyrianLight and Heavy crudes for the year 1995. These provide for approximately 13-14cargoes a month of Syrian Light and 4-5 cargoes a month of Syrian Heavy. Theaverage monthly volume of crude lifted by each customer is around 75,000 tonsrising in some cases to 100,000 tons, though some firms lift smaller volumes onan irregular basis. The lifters...