VOL. XXXVII
NO. 12
20 DECEMBER 1993
Dubai
New Terms & Conditions For Dubai Trade Expected By End- MarketDecember
The first substantive changes to Conoco's General Terms and Conditions (GT&C's)for f.o.b. sales of Dubai crude since 1988 are expected to be finalized byChristmas, sources close to Conoco tell MEES. If all goes according to plan, thenew GT&C's will come into effect in March for cargos loading in April. Therevised sales terms, which are designed to boost liquidity in the...
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