VOL. XXXI

NO. 43

1-AUGUST-1988

KUWAIT

Mitsui Renews Supply Contract with Kuwait

MEES understands that Japan's Mitsui (acting for refiner Cosmo) has reachedagreement with Kuwait's KPC for the renewal of its Kuwait crude supply contractfor the three-month period August-October. The volume of 20,000 b/d is the sameas for the preceding three-month period May-July, but the agreed price formulafor August-October incorporates a 5-cent improvement in favor of the buyer ascompared with the previous period....