VOL. XXXII

NO. 51

25-SEPTEMBER-1989

KUWAIT

Kuwait Price Formula Remains Unchanged for 4Q

Deliveries to Japan The Kuwait Petroleum Corporation has reached agreementwith its Japanese customers on keeping the price formula for fourth-quartercrude liftings f.o.b. Kuwait unchanged from the third quarter at Oman/Dubai spotaverage minus 50 cents/B. The total volume of 4Q crude liftings by Japanesebuyers is expected to rise to 220,000 b/d, as against 200,000 b/d in the thirdquarter, with the addition of a...