Issue 51
Oil News
- OIL MARKET UNDER THREAT FROM REPERCUSSIONS OF KHARG SHUT- DOWN
- KING FAHD AFFIRMS SAUDI ARABIA'S RIGHT TO SAME FREEDOM OF ACTION AS OTHER OPEC COUNTRIES IN OIL MARKET
- Saudi Production Rises to 3mn b/d in Late September
- Saudi Arabia and Britain Initial $5bn Aircraft Deal
- Petromin Restores October LPG Deliveries to l00% of Contract Volumes
- Highlights from Aramco's 1984 Annual Report
- Phoenix Makes Promising Discovery in Western Desert
- First Shipment of Iraqi Crude from Yanbu' Expected on 28-29 September
- Iran Threatens to Block Imports As Well As Oil Trade of Gulf States If Kharg Oil Exports Are Halted
- Libya and Turkey Sign Oil/Payments Agreement
- US Administration Considering Boycott of Libyan Petroleum Products
- Crude Oil Reserves of North Yemen's Alif Field Estimated at 300mn Barrels
- North Yemen's 10,000 b/d Refinery to be Completed in March 1986
- Sun Oil/Marathon Begin Exploration Drilling in the Sudan
Financial & Banking News
- Egypt Loosens Controls on Forex Dealing as Eœ Plunges
- KD Bond Trading Begins on Kuwait Bourse
- SAIB Posts Half-Year Loss
- Joint Moroccan-Libyan Investment Company Formed
- Lebanese Reserves Fall Again
- GIB Signs $50mn Turkish Export Credit
- IBRD/IDA Commit $1.1bn to Arab Countries in FY 1985
- USAID Grants North Yemen $16mn
- EIB Lends Morocco $7mn for Agricultural Development