Middle East Economic Survey
VOL. LIV
No 50
12-Dec-2011
KUWAIT
KPC And Unipec Sign Oil Supply MOU
Kuwait Petroleum Corporation (KPC) and Chinese trading company Unipec announced on 8 December the signing of a memorandum of understanding (MOU) for the supply of up to 300,000 b/d of crude oil to the end of 2021. KPC estimated its exports to China at 225,000 b/d earlier this year, and said it is looking to increase supplies to 500,000 b/d when a joint venture refinery/petrochemicals complex in...
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