Middle East Economic Survey
First Shipment Of Kuwaiti Gas Oil Arrives
The first shipment of Kuwaiti gas oil arrived in Lebanon on 24 September under a government-to-government deal signed in August (MEES, 26 September and 5 September). Under the agreement, worth $700-800mn, Kuwait is to supply Lebanon with 500,000 tons/year of gas oil for a period of three years for use in electricity generation. The first consignment, 33,000 tons, was unloaded at the...