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Thursday, 6 April 2017

Kuwait renews fuel supply agreement

Kuwait renewed yesterday its oil and fuel supply agreement with Egypt for another three years, AFP reports. Under the agreement Kuwait will supply Egypt with 2 mn bbl of crude per month, in addition to 1.5 mn tonnes of petroleum products per year for USD 4 bn, the Kuwait Petroleum Corporation said in a statement. The previous three-year agreement signed in 2013, expired in December.

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