KPC's estimated Revenues Down by 28% in 1986-87 Budget 

The total revenues of the state-owned Kuwait Petroleum Corporation (KPC) for fiscal 1986-87 (which began on 1 July) are estimated to fall by 28% to KD 2,501mn ($8,569mn at the current rate of exchange of 1KD = $3.4264) from the 1985-86 budget estimate of KD3,473mn ($11,899mn).

According to the budget figures, KPC's sales of crude oil in 1986-87 are estimated at KDl,041mn ($3,567mn), down 27.2% from the 1985-86...