International records / Foreign Relations of the United States

357. Paper Prepared in the Office of Economic Research, Central Intelligence Agency

balancing margin was recently adjusted retroactive to 1 January 1974 to take into account the Qatar agreement for 60% government participation and a buyback price of 93% of the posted price . 4. Buyback price negotiations have been settled in Libya, Nigeria and Qatar. Libya agreed to a buyback price equivalent to 85% of the posted price for May through September 1974. Nigeria sold most of its participation oil back to the companies at 90% of the posted price during the second quarter this year. Libyan and Nigerian posted price s are substantially higher than postings in Persian Gulf countries …

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Source	Foreign Relations of the United States
Collection	International records
Kind	Document
Publisher	US Department of State, Office of the Historian
Date	1974-07-01
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/d357
Archived copy	Look it up in the Wayback Machine
Record ID	`frus:frus1969-76v36/d357`

Cite this record

357. Paper Prepared in the Office of Economic Research, Central Intelligence Agency. Foreign Relations of the United States, 1974. Vero Archive, record frus:frus1969-76v36/d357.