VOL. XXXI

NO. 30

2-MAY-1988

KUWAIT

Japanese Customers Fail to Nominate for Kuwait Crude Liftings in May

Following inconclusive negotiations on prices, Kuwait's Japanese customershave failed to place any nominations for liftings of Kuwait crude during themonth of May. According to Tokyo sources, the two sides are still some 20-30cents/B apart on the price issue.

For the three-month period from the beginning of February to the end ofApril, Japanese buyers contracted for 130,000 b/d of Kuwait crude (...