VOL. XXXIII
NO. 19
12-FEBRUARY-1990
Kuwait
KPC Naphtha Supply Contracts
According to Tokyo reports Kuwait's KPC has reached agreement with threeJapanese buyers - Mitsui, Mitsubishi Corp. and Kanematsu Gosho - on the terms ofnaphtha supply contracts for the coming year. The contracts, effective fromFebruary 1990 through January 1991, reportedly provide for a price formula based35% on Kuwait postings and 65% on high of Platt's Arabian Gulf quotations, plusa premium of $3.90/ton. Volumes are: 1mn...
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