VOL. XXXIX
No. 40
1-July-1996
KUWAIT
Japanese Buyers Agree To $7.90/Ton Premium For Kuwait Naphtha Purchases
Kuwait's KPC and its Japanese customers have reached an agreement to set the term price for Kuwait naphtha sales at a premium of $7.90/ton over the mean of Middle East quotes for a one-year period starting in August. The current premium is $6.00/ton for those lifters whose contract terms started last August, and $6.50/ton for other buyers whose terms extend from February 1996 to...
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