18 JANUARY 1993


Syria Reduces Price of Light Crude by 2 Cents/B for January-February

MEES understands that from the beginning of 1993 Syria will be setting theprice of its Syrian Light crude (36.5 API, 0.68% sulfur) for term customers ona two-monthly basis instead of quarterly as in the past. For the months ofJanuary and February, the price has been set at Es Sider spot minus 5 cents/B,down 2 cents/B from Es Sider spot minus 3 cents/B in the fourth quarter of 1992(MEES, 5...