BECHTEL: KUWAITI RESTORATION COST OVERSTATED

A preliminary survey of Kuwait's war damaged oil industry shows first estimates of more than $20 billion to restore facilities to prewar condition were too high. Required spending could be less than half that. However, this is a broad estimate, and the first definitive figures will come from a detailed damage survey of the production, export, and refining facilities under way by Bechtel Corp., prime contractor on Kuwait's industry restoration. The survey could take 4-8 weeks to

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