Singapore oil companies are courting key oil exporting nations outside the Asia-Pacific region to forge new business ties. KUWAIT A willing trading partner is Kuwait Petroleum Co. (KPC). In the wake of damage to Kuwait's petroleum industry during the Persian Gulf war, KPC has taken aggressive steps to renew ties with Singapore refiners. It also is seeking similar opportunities elsewhere in the Asia-Pacific region. KPC recently signed a 1 year contract to supply fuel oil to an undisclosed Singapore oil company. The contract, worth about $90 million (U.S.), calls for delivery of about 19,200 b/d of bunker ...

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