Qatar keeps March crude supply to Asia steady –sources

Oil income in the OPEC member contributes an average of 95 percent to public revenues. (AFP)

Qatar, one of OPEC’s smallest producers, has notified at least two Asian buyers that it will supply Marine and Land crude at full contracted volumes for March, unchanged from February levels, trade sources said on Monday.

Qatar allocates supply to its customers equally. The move was expected as Qatar has been supplying both grades to customers at full contracted volumes since 2009.

Qatar gave buyers the option of asking for cargoes to be 5 percent more or less than contracted volumes, the same as the previous month.
 

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Last Update: Thursday, 14 February 2013 KSA 14:31 - GMT 11:31
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