VOL. XXXVII

NO. 38

20-JUNE-1994

Saudi Arabia

Saudi Aramco Finalizes 2H 1994 Naphtha Price Terms With Asian Term Buyers

After almost a month of bargaining, Saudi Aramco and sixteen Far Eastnaphtha contract holders have concluded second half 1994 price negotiations.While volumes for these contracts are negotiated on an annual basis, price termsare reviewed every six months. According to data from MEES sources, details ofthe volumes and prices for the 1994 East of Suez naphtha contracts are as...