International records / Foreign Relations of the United States

345. Memorandum of Conversation

$16.00 to $20.00, with deliveries to start January 1, 1974. Reports indicate that the customers are lifting less than 300,000 barrels a day of this crude, at an undisclosed price. Libya is also reported to have offered crude to Petrobras at $14.00. Nigeria offered 300,000 barrels a day at an auction in December 1973 with delivery to start January 1, 1974. The crude was in 50,000 barrel-a-day lots for three months, renewable for three-month periods contingent upon accepting quarterly price adjustments. Price was reported to be $22.60 per barrel for the 150,000 barrels sold. Mitsubishi has since…

No file is held for this record yet. The catalogue entry and the link to where it was published are kept.

Source	Foreign Relations of the United States
Collection	International records
Kind	Document
Publisher	US Department of State, Office of the Historian
Date	1974-03-29
Type	diplomatic document (FRUS)
Details	Foreign Relations of the United States, 1969–1976, Volume XXXVI, Energy Crisis, 1969–1974
Found at	https://history.state.gov/historicaldocuments/frus1969-76v36/d345
Archived copy	Look it up in the Wayback Machine
Record ID	`frus:frus1969-76v36/d345`

Cite this record

345. Memorandum of Conversation. Foreign Relations of the United States, 1974. Vero Archive, record frus:frus1969-76v36/d345.