CRUDE OIL SALES FOR NEXT DECEMBER APPROVED

SANA'A, Oct.12 (Saba) - In its meeting on Monday ,Higher Committee
of Crude Oil Marketing chaired by Prime Minister Ali Mujawar
approved sales of crude oil for next December 2009 at a total
quantity of 4.8 million barrels.

The meeting approved to sell 2.4 million barrels produced in
al-Masila petroleum field, Hadramout province, for the best offered
price, 77 cents increase per barrel for the total quantity.

Regarding Marib crude, the committee limited its official price
with 36 cents increase per barrel, according to the best offered
price, for the quantity of 600,000 barrels and the remaining
available quantity of 1.8 million barrels.

The committee reviewed the report of the technical committee on
selling the approved quantities of crude oil for the December round,
2009.

BA