No. 15



KPI Signs Lubricants Deal With Texaco; Plans To Raise Lube Output

Kuwait Petroleum International Ltd. (KPI) announced on 10 Aprilthat it had signed an agreement with Texaco of the US for the sale of 63,500 t/y oflubricants over a five-year period beginning in 1998, or a total of 317,500 tons. At thesame time KPI announced plans to increase the output of its lubricants plant in Belgiumfrom the present 42,500 tons/year to 105,000 t/y under an expansion...