VOL. XXXV
NO. 43
27-JULY-1992
Kuwait
KPC Finalizes Naphtha Term Contracts
Kuwait's KPC has finalized term contracts for the sale of 1.2mn tons/year ofnaphtha to Japanese and South Korean firms. The three-year contracts will startin August and the pricing formula will be on the following basis: 25% on Kuwaitiposted prices and 75% on Platt's Arabian Gulf high quotations plus a premium of$3.25/ton.
It is understood that 1mn t/y will go to Japanese customers with thefollowing breakdown: 150,000 t/y to...
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