NO. 39



Kuwait Plans Increased Sales To US And Far East; Denies NetbackDeals

Shaikh 'Ali Jabir al-'Ali al-Sabah, the Managing Director for marketing ofthe Kuwait Petroleum Corporation (KPC), told Reuters on 20 June that Kuwait willmarket its rising oil production during the next few months in the US and Asiabut will not slash prices to ensure sales. "From now until the end of 1993we will be concentrating on the Far East and the US markets," he said."We think that...