The Bogoliubov prescription relevant to the equilibration of a gas is reformulated to describe dense fluids. The revised description assumes that in the "kinetic state" of a dense fluid, multiparticle distribution functions are functionals of the oneand two-particle distribution functions. This principle is applied to the Bogoliubov-Born-Kirkwood-Green-Yvon (BBKGY) sequence and a closed kinetic equation for the radial distribution function, g(x, p, t), is obtained relevant to a homogeneous, anisotropic fluid, where x and p are relative two-particle displacement and momentum, respectively. In the equilibrium limit the kinetic equation reduces to a linear integro-differential equation.A closed solution to this equation is obtained in operational form which, in the limit of weak interactions, reduces to the canonical exponential form, and, with interactions turned off, gives the correct unit value of g. These equilibrium equations are applied to the specific configuration of a fluid whose particles interact under point repulsion and Newtonian attraction. Asymptotic expressions for the radial distribution function for large and small values of interparticle displacement give oscillatory decay to unity and vanishing decay to zero, respectively. These findings are consistent with previously described behavior of the radial distribution.