Issue 09
Oil News
- SAUDI ARABIA STILL FORESEES TIGHT MARKET THIS WINTER
- NORWAY DEFERS PRICE DECISION
- EGYPT PLANS TO OFFER GREATER INCENTIVES FOR GAS EXPLORATION
- Petromin Cuts LPG Contract Volumes
- Lack of Funds Delays Shell-Petromin Lube Project
- 1983 Saudi Oil Production and Revenue
- Iraq Resumes Attacks on Tankers
- Repairs Cheaper than Insurance Says KOTC Chief
- KUFPEC Pursues Its Exploration Activities
- Oman's Oil Production Will Remain at 400,000 b/d for the Next Five Years
- Belgian Government Opposes Libyan Nuclear Deal
- Snamprogetti Awarded Degassing Project at East Baghdad Field
- Oil Deals with East Germany and New Zealand
- UAE to Set Up Aspirations/Crisis Committee
- Sun Sudan Continues Seismic Survey in Central Sudan
Financial & Banking News
- Saudis Suffer First Deficit Since 1977/78
- Parsimonious Spending Results in Kuwaiti Budget Surplus
- UMB Faces Dissolution
- GIB To Get Fresh Capital
- Samba Gets Turkish License
- SFD Lends $41mn to Nepal, Bangladesh and Burundi
- OFID Approves $23mn in Loans and Grants
- KFAED Lends Uganda $10mn
- IDB Lends $4nn to Pakistani Company
- IBRD Lends Morocco $27mn for Vocational Training
- Japan Gives $25mn Grant for Cairo Opera House
- West Germany Grants Sudan $8mn
- EEC Provides Assistance to Three Arab Countries