VOL. XXXV

NO. 19

10-FEBRUARY-1992

Kuwait/Iran

Kuwait and Iran Agree on Crude-for-Products Barter Deal

Kuwait and Iran have agreed in principle on the conclusion of a barter dealunder which Kuwait will provide Iran with oil products in exchange for Iraniancrude oil. In a statement on 2 February, Mr. Kamil 'Abd Allah al-Harami, theCommercial Supply Manager of the Kuwait Petroleum Corporation (KPC), said thatthe agreement will be signed shortly, but did not give any specific date. Underthe terms of...