VOL. XXXIX
No. 44
29-July-1996
OAPEC
AMPTC Registers Net Profit Of $7.3Mn in 1995
The OAPEC-sponsored Arab Maritime Petroleum Transport Company (AMPTC) - which is jointly owned by Saudi Arabia, Kuwait, Iraq, Qatar, the UAE, Libya, Algeria and Egypt and based in Kuwait - has announced net profits of $7.33mn for 1995, a 156% increase over profits of $2.86mn in the previous year, according to the company's Annual Report, which has just been released. As a result of improved performance...
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