VOL. XXXV

NO. 22

2-MARCH-1992

Kuwait

Kuwait Reduces Volume of Saudi Crude Contract

Kuwait's KPC has reduced the volume of its term contract for crude oilpurchases from Saudi Arabia to 75,000 b/d as from last November, MEES learns.This volume is made up of 45,000 b/d of Arabian Light and 30,000 b/d of ArabianHeavy.

KPC's crude purchase contract with Saudi Aramco - first concluded inSeptember 1990 in the wake of the Iraqi invasion of Kuwait with a view tocovering the requirements of KPC's...