VOL. XXXI

NO. 35

6-JUNE-1988

KUWAIT

Mitsubishi Signs for 10,000 b/d of Kuwait Crude

MEES understands that Mitsubishi Corp. has reached agreement with Kuwait's KPC for the purchase of 10,000 b/d of Kuwait crude for the three-month periodJune-August. This represents half Mitsubishi's previous contract volume of20,000 b/d. Owing to the lower volume, Mitsubishi will be paying 5 cents/B morethan the price applicable to Mitsui which is lifting 20,000 b/d in theJune-August period (MEES, 30 May). The...