VOL. XXXVI

NO. 38

21 JUNE 1993

KUWAIT

Kuwait Aims To Consolidate Naphtha Sales Contracts As From August

Kuwait's KPC is planning to consolidate its existing two-stream naphtha termsales contracts into a single type of one-year contract as from next August,MEES understands. Some 2.4mn tons/year of Kuwaiti naphtha will be available forsale to Far Eastern buyers under the new contracts.

Last August one-year contracts covering 1.2mn t/y were concluded with FarEastern buyers at a price formula...