VOL. XXXIX

No. 40

1-July-1996

KUWAIT

Kuwait Renews Supply Contracts with South African Firms

Kuwait's KPC has renewed its crude oil supply deals with five South African customers for six months covering the second half of 1996. The five companies concerned, which have evergreen term contracts renewable on a six-monthly basis, are Sasol, Engen, BP, Shell and Total. MEES understands that the total volume of these contracts is between 85,000 and 95,000 b/d, of which Sasol accounts for...