VOL. XXXI

NO. 48

5-SEPTEMBER-1988

OPEC

AMPTC Registers a Net Loss of $9.8mn in 1987

The OAPEC-sponsored Arab Maritime Petroleum Transport Company (AMPTC),which was set up in 1973 with an issued capital of $500mn and is owned byQatar, Kuwait, Libya, Saudi Arabia, Iraq, the UAE, Algeria and Bahrain,registered a net loss, after depreciation, of $9.86mn in 1987 compared to a netloss of $8.89mn registered in the previous year (MEES, 14 September 1987),according to the company's Annual Report which has...