• HSBC

IPG wins $1.2bn contract

  • Kuwait: Sunday, January 06 - 2008 at 11:38

Kuwait's International Petroleum Group has received a $1.2bn two-year oil supply contract from Zambia, reported Reuters. IPG will supply 1,440,000 metric tonnes of crude oil over a period of two years, with the first batch of 90,000 tonnes scheduled to arrive on or before 9 February. The firm was selected ahead of four other international companies, including Russia's Lukoil.

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