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2 Kuwaiti Firms Win New Iraq Fuel Deals
Two Kuwaiti companies involved in the Pentagon's criminal investigation of possible overcharges in a previous Halliburton Co. contract to import fuel into Iraq have been awarded new contracts for the same purpose.Additional details of price per gallon and trucking costs are included in the article.
Altanmia Commercial Marketing Co. yesterday won a $39.9 million contract to transport gasoline and diesel fuel to southern Iraq. [...]
Altanmia will transport fuel on behalf of Kuwait Petroleum Corp., which yesterday won an $80 million contract to supply fuel to southern Iraq -- and was also the supplier under the KBR [Halliburton] contract. [...]
In a separate deal yesterday, the Shaheen Business and Investment Group (SBIG) won a $71.8 million contract to purchase and transport gasoline to southern Iraq from Jordan, at $1.18 a gallon. Headquartered in Amman, Jordan, SBIG is a multinational set of companies that includes Cemex Global Inc. of Washington. It also has a contract to train Iraqi police.
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