SAUDI ABABIA-KUWAIT-IRAQ

Saudi-Kuwaiti War Relief Crude Supplies to Iraq to Be Renewed 

The deals under which Saudi Arabia and Kuwait supply some 310,000 b/d of crude oil to Iraq on a time-exchange basis are to be renewed by the governments concerned, MEES understands. The original three-year contracts, concluded in February 1983 following the closure by Syria of the Iraq-Syria export pipeline outlet, expired at the end of January 1986. The contracts, which are essentially time-swap...