Issue 10
Oil News
- Speculation Decouples Oil Prices From Market Fundamentals
- Fahmy Outlines Gas Sector Plans As Export Projects Move Ahead
- Plans For International Energy Forum Secretariat Move Forward
- Saudi Aramco Awards Qatif EPC Contracts
- SRI/Shell Complete Acquisition Of Texaco’s Equilon/Motiva Interests
- Nibari Offered Oil Portfolio But Search For New Minister Continues
- New Company To Replace AOC In Neutral Zone Established, Dorra Development Studied
- Shu'aiba Refinery At Full Capacity, Ahmadi Crude Unit To Restart
- Asia Pacific Demand For Middle East Energy Set For Further Growth
- EIA Trims 2002 Demand Growth Forecast Still Further
- PDVSA Management/Employees To Continue Protests, But Will Not Strike
- Saudi Aramco Raises Most April Crude Prices To Europe, Reduces Prices To US And Asia
- KPC Releases March LPG Prices But Supply Disruptions Continue
- Crude Oil Formulas/Posted Prices ($/B)
- Azadegan Appraisal Work Under Way
- China Seeks Gasoline Term Contract With Iran
- Iran To Appoint Commission To Decide On South Pars Phases 9 And 10 Award
- Iraqi February Oil Exports Averaged 1.78Mn B/D
- Turkey To Deregulate Gas Market In May
- EIB Loans Turkey €90Mn For Gas Storage Facility
- ExxonMobil To Leave Turkmenistan
- EU States To Ratify Kyoto Protocol
- France Blocks Move On EU Energy Liberalization
- GEO 2002 Conference Scheduled For Bahrain In April
Financial & Banking News
- Lebanon Converts Domestic Debt To $1Bn Eurobond
- SHUAA Capital Launches World’s First Arab Fixed Income Fund
- Orascom Telecom Seeks Debt Restructuring, Investor Funds To Aid Expansion Plans
- IFC Provides $25Mn And Arranges $30.5Mn Syndicated Loan For Egypt’s OCI
- Libyan Government Buys 2% Stake In Fiat
- EC Proposes Euro-Med Bank To Invest In 12 Partner Countries
- RBS And GIB Appointed Financial Advisors To Saudi IWPP
- NBK First Regional Bank To Launch Broadband Microwave
- Syrian Parliament Ratifies Financial Reform Legislation
- EIB Providing €50Mn To Egypt For Cairo Metro Extension
- Iran’s 2002-03 Budget Assumes $19/B Oil Price With Oil Revenue Set At $12.8Bn
- Egyptian Former Finance Minister Jailed For Corruption
- Egypt Receives $1.8Bn From UN Compensation Commission To Date
- Spain Converts $40Mn Of Algerian Debt To Investments
- IDA Provides $20Mn To Palestine For Emergency Services