Issue 52
Oil News
- OPEC FAILS TO AGREE ON NEW QUOTA DISTRIBUTION
- Iran Resumes Loadings from Kharg at Reduced Level
- Oil Revenues Unaffected Says Central Bank Governor
- Bulgaria to Purchase Iranian Oil
- Iraq Lines Up Over 200,000 b/d of Basrah Light Sales to Japan
- Iraq Commissions Saudi Pipeline
- Domestic Gas Grid Agreement
- Attacks on Kharg Continue
- Prince Sultan Confirms UK Aircraft Deal Will Be Part Paid in Crude
- NIC and Ferrostaal Set up Galvanized Wire Plant
- Debts to Foreign Contractors Estimated at $4bn
- Countertrade for Food and Consumer Goods to Be Halted in Nigeria
- Santa Fe Acquires a 15% Stake in Chinese Gas Field
- AMPTC Registers Net Loss of $84mn in 1984
- October Oil Prices Raised 25-45 Cents/B
- Modest Increase in Suez Canal Tolls on Tankers On 30 September
Financial & Banking News
- Kuwaiti Government Spending Drops Significantly in 1984/85
- Foreign Investment in Egypt Totals Eœ5.9bn at End 1984
- Closed and 'Gulf' Companies Lose Kuwaiti Stock Market Listing
- Iraq Reaches Agreement on Japanese Rescheduling
- Al-Sayarri Named SAMA Governor
- New Interest in Cyprus OBUs
- US Grants Egypt $254mn
- AFESD Lends Oman $8.7nn for Fishery Project
- ADFAED Lends $16.5mn to South Yemen and Kenya
- IFAD Lends $7.1mn to Tunisia and Djibouti
- IBRD Lends $7.5mn for Syrian Farm Program