VOL. XXXIII
NO. 15
15-JANUARY-1990
OAPEC
AMPTC Redistributes Shares among Member Countries
Following the amicable settlement that was reached on 28 October 1989 betweenAlgeria and the OAPEC-sponsored Arab Maritime Petroleum Transport Company (AMPTC)regarding the non-payment by the former of its original capital subscriptionof $40.6mn as well as support funds and deferred interest of $42.7mn (MEES, 20November 1989), MEES has been informed that the agreement calls upon Algeria topay as of 1 July...
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