VOL. XXXVII

NO. 32

9-MAY-1994

Kuwait

Kuwait Signs Crude Oil And Product Export Agreement With India

The Kuwait Petroleum Corporation (KPC) signed an agreement with India on 5May providing for the export to India of crude oil and products during the April1994-March 1995 fiscal year whose value is estimated at around $750mn. According to reports from New Delhi, the contract involves the export of 4.5mntons of crude, 1mn tons of kerosene and 900,000 tons of diesel oil. Thesequantities are...