VOL. XXXV

NO. 46

17-AUGUST-1992

Kuwait

KPC Posts Loss of $73mn in 1991-92 Budget

The Kuwait Petroleum Corporation's budget for the fiscal year 1991-92 (1 July1991 - 30 June 1992) which was approved and published in the Official Gazetteon 5 July, shows a net loss for the year of KD21.1mn ($73.13mn at the currentrate of exchange of 1KD=$3.46). The budget estimates show crude oil sales ofKD363mn ($1.26bn), oil product sales of KD474.5mn ($1.64bn) and other income,which includes the sale of gas, gas...