Page 5 of FCO 8/3454
Visits by Douglas Hurd, Minister of State for Foreign and Commonwealth Affairs, to Qatar, Bahrain and United Arab Emirates, January 1980, and to Saudi Arabia, Yemen Arab Republic and Kuwait, March 1980, 1980 Jan 01 - 1980 Dec 31
CURRENT BP RELATIONSHIPS IN KUWAIT, SAUDI ARABIA AND YEMEN
ARAB REPUBLIC
Kuwait
BP has an agreement (entered
(entered into in 1975) with Kuwait following the
100% takeover of BP's interests - covering the sale of
of crude oil
to BP of 450,000 b/d of Kuwait crude. The initial agreement was for
5 years and expires on
(1980-1985) for not less than 400,000 b/d, but Kuwait has said,
ostensibly for conservation reasons,
and his assistants for the past 8 months, and the
Kuwait position has been hardening throughout, not only