[07/May/2012]

SANA'A, May 07 (Saba) - The Supreme Committee on Crude Oil Marketing approved on Monday the crude oil sales for July 2012.

In a meeting chaired by Prime Minister Mohammed Salem Basindwa, the committee decided to sell 2,700,000 barrels of Masila crude oil to Unibic Company that has presented the best bid worth 122 cent a barrel plus Dated Brent.

Regarding Marib crude oil, the committee approved selling the full quantity to be available after fixing the oil pipeline to Aden Refinery Company at the dated Brent price (without any discount or rise).

AF
Saba