VOL. XXXV

NO. 31

4-MAY-1992

OAPEC

Apicorp's Assets Rise by 2% in 1991

The total assets of the OAPEC-sponsored Arab Petroleum InvestmentsCorporation (Apicorp) rose by 2% to $947mn in 1991 compared to $928mn in 1990,according to a press release issued after a board meeting held in Cairo on 22April.

According to the press release, Apicorp's total assets amounted to $947mn, ofwhich total project loans and petroleum and petrochemical trade financeaccounted for $422mn, while equity participation projects...