Issue 30
Oil News
- CURRENT SOFT MARKET WILL BE ONLY TEMPORARY, SAYS YAMANI
- NIGERIA EXPECTED TO TRIM OUTPUT TO OPEC QUOTA LEVEL
- Turkish-Italian Consortium Offers Lowest Bid for Turkish Section Pipeline
- Kuwaiti Minister Voices Confidence in Market Outlook
- Nigeria Signs Counter-Trade Deal with France
- Iraq Attacks Turkish Tanker; Iran Retaliates
- NIOC Proposes New Contracts for Japanese
- Barter Deal for Construction Machinery
- Total Makes Oil Discovery in Um-Agawish
- Price of Ras al-Bihar and Belayim-North Crudes Reduced by 75 Cents/B in May
- Tecnimont Awarded Services Contract for Expansion of Ras Lanuf Refinery
- Mitsubishi Imports 1,400 tons of Saudi Polyethylene
- QGPC's Capital Raised by 25% to $1.37bn
- Exeter University Holds Seminar on Oman
- Publications Received
Financial & Banking News
- Three Abu Dhabi Banks Merge with Government Support
- Iraq Seeks Re-rescheduling of Japanese Debt
- NBK Doubles Tupras Deal
- Jordan Returns to Market for $200mn
- BAII Aranging Algerian FRN
- Ifincorp Arranges Private Placement
- Arab Banks Co-manage 17 Issues
- Half the Loans of Arab Aid Agencies Committed to Arab World
- BRD/IDA Lend $60mn to Tunisia and North Yemen