Issue 49
Oil News
- NEW-LOOK SAUDI OIL POLICY ENVISAGES MORE FLEXIBLE PRICE APPROACH
- Subroto Warns OPEC May No Longer Tolerate Production Ceiling
- Prof. Tam David-West Retains Oil Portfolio in New Nigerian Government
- IEA Projects Lower 3Q Deman
- Malaysia and USSR Adjust Crude Prices
- Nabulsi Appointed Head of ECWA
- Iraq Offers Japanese Buyers 100,000 b/d of Basrah Light for October
- Yugoslav Firm Awarded Electric Power Contract
- Hostilities Escalate in the Gulf
- Techinpetrol/Kinetics Win Contract for Iranian Ethylene Plant
- SABIC'S Capital Investments Total $10.6bn at End 1984
- Alsthom-Atlantique Wins Saudi Power Contract
- Oman's Oil Reserves Estimated at 4bn Barrels at End 1984
- PDO Makes Major Gas Discovery North of Yibal
- PDO to Acquire Two Additional Drilling Rigs
- North Yemen Sets Up Ministry of Petroleum and Mineral Resources
- North Yemen Signs Production-Sharing Agreement with CFP-Total
- Initial Testing Starts on Tobruk Refinery
- Sudan Receives the First Shipment of Libyan Crude
- Banoco Approves $60mn Five-Year Development Program for AwaliOilfield
- EEC Tariffs Strain Gulf-European Relations
Financial & Banking News
- Kuwaiti GDP Stagnates, Current Account Improves in 1984
- Rafidain Bank's Profits Recover in 1984
- Reported Purchase of Lebanese Bank Contested
- SIB Establishes Leading Arab Role in Europaper Markets
- Kuwaiti Foreign Minister Confirms Retainment of Baghdad Summit Aid
- IFAD Provides $50.3mn for Agricultural Projects
- OFID Provides $17.63mn in Loans and Grants
- IDB Equity Participation in Three Bangladesh Projects
- Sudan Receives $12.17ma in Grants
- West Germany Provides Egypt $97mn in Loans and Grants
- Japan Lends Iraq $60mn for Fertilizer Plant