11 JANUARY 1993
No Change in Libyan Price Formulas for January
Libya's National Oil Corporation (NOC) has kept the January price formulasfor all its light crudes unchanged from the December level. NOC has also keptunchanged the heavier offshore Bouri (26 API) crude, which is priced atIranian Heavy (delivery Sidi Kerir) minus 30 cents/B. The following table showsthe adjustment factors for the various Libyan light crudes in relation to DatedBrent during January 1993 and...