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SAUDI ARABIA - The Saudi Sales Terms.

Publication: APS Review Gas Market Trends
Publication Date: 13-OCT-03 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Apart from the Saudi price formulae (see OMT), the main terms in crude oil sales contracts in the kingdom are the following: (A) Saudi Aramco only allows well established companies to buy its crudes and requires a commitment to lift a minimum volume for a year, or longer. During...

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More articles from APS Review Gas Market Trends
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