VOL. XXXII

NO. 38

26-JUNE-1989

IRAN-KUWAIT

Iran and Kuwait Negotiate 3Q Prices with Japanese

MEES sources indicate that so far nothing has been finalized regarding pricesor volumes in the current negotiations between Kuwait and Iran and theirJapanese customers on third quarter crude sales.

A National Iranian Oil Company (NIOC) team which visited Tokyo last week isunderstood to have asked for a higher price in the third quarter than in thesecond but to have left it to the Japanese companies to...