VOL. XXXVI

NO. 19

8-FEBRUARY-1993

KUWAIT

Kuwait Signs Term Crude Supply Contract with the Philippines

The Kuwait Petroleum Corporation (KPC) signed on 31 January a term crudesupply contract with the state-owned Philippine National Oil Company (PNOC) for20,000 b/d (1mn tons/year) of Kuwait export crude for a period of one year. Thisis the first term contract concluded with the Philippines following the end ofthe Gulf war, although previously PNOC was a regular KPC customer for crude andproducts....