Issue 32
Oil News
- ROUTE AND RED SEA PORT LOCATION FOR INDEPENDENT IRAQI OIL PIPELINE OUTLET RECEIVES SAUDI APPROVAL
- OPEC Executive Council Warns Ecuador to Respect Production Quota
- IEA Raises Estimate of 1Q Demand
- Aramco Awards More Contracts for Petroline's Expansion
- SABIC to Invest $4bn in 1985-90
- SAFCO to Supply Fertilizers to North Yemen
- Algeria Allocates $108bn for New Five-Year Plan
- Protocol Signed on Turkish Oil and Gas Pipelines
- Egypt Backdates 75-Cent/B Oil Price Cut to 1 April
- US AID Grants $9mn to EGPC
- Oman's Crude Oil Production Rises to 468,000 b/d in 1Q 1985
- Jubaisah Gas Project Scheduled for Completion in Mid-1986
- Jordan Refinery Imports Crude Worth $61&mn in 1984
Financial & Banking News
- Major UAE Banks Report Setbacks
- Omani Bank Assets Grow 22%
- Al Saudi Banque Cuts Provisions
- Saudi Pharmaceutical Shares Oversubscribed
- Al- Ramad Nominated as Chairman of Arab Fund
- SFD Lends $48mn for Indian Thermal Project
- IDB Lends $57mn to Turkey, Bangladesh and Pakistan
- Sudan Receives Aid from Holland, US and USSR
- US Lends Egypt $60mn
- IBRD Lends $13.5mn for Jordanian Health Project
- Italy Grants North Yemen $5mn