VOL. XXXVI

NO. 3

19-OCTOBER-1992

YEMEN

IPG Markets Two Shipments of Shabwa Crude on Behalf of NPC

MEES understands that an agreement has been reached between the NimirPetroleum Company (NPC) - the operator of Yemen's Shabwa Block No. 4 - and theIndependent Petroleum Group (IPG), the private Kuwaiti oil firm, under which thelatter will market on behalf of NPC the first two cargoes of 300,000 barrelseach of Shabwa Blend crude. Three shipments of Shabwa Blend (named as suchbecause it is being...