VOL. XXX

N0. 10

15-DECEMBER-1986

OAPEC

AMPTC Registers a Net Loss of $97.3mn in 1985

The OAPEC-sponsored Arab Maritime Petroleum Transport Company (AMPTC), whichwas established in 1973 with an issued capital of $500mn and is owned by Qatar,Kuwait, Libya, Saudi Arabia, Iraq, the UAE, Algeria and Bahrain, registered anet loss of KD28,135,976 in 1985 ($97,288,992 calculated at the mid-market ratesprevailing in the Kuwait market at the year end), according to the company's1985 Annual Report, which...