VOL. XXX

NO. 16

26-JANUARY-1987

OPEC/NON-OPEC AND OIL PRICES

KUWAIT

KOTC Signs $13mn Contract for Six Product Tankers with South Korean Firm

The Kuwait Oil Tankers Company (KOTC) a subsidiary of the state-owned KuwaitPetroleum Corporation (KPC) signed on 23 January a $131mn contract with theSamsung Heavy Industries Group of South Korea for the construction of six newproduct carriers two of 120,000 dwt and four of 35,000 dwt (MEES, 5 January).The new carriers are scheduled for delivery in the fourth...