Yemeni crude oil sales for 2012 February approved
The Source: SANAA/hadhramaut.info/sabanews.net - 12/12/2011
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The Supreme Committee on Crude Oil Marketing approved on Monday the crude oil sales for February 2012.
In its monthly meeting chaired by Prime Minister Mohammed Salem Basindwa, the committee agreed to sell the full quantity of Masila crude oil (roughly 2.8 million barrels) at 293c a barrel plus Dated Brent. Regarding Marib crude oil, the committee approved selling the total quantity available after fixing the oil pipeline to Aden Refinery Company at the dated Brent price (i.e. without any discount or rise).
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