Issue 32
Oil News
- UAE Production Capacity To Approach 3.60Mn B/D By 2006 Assuming Upper Zakum Expansion Proceeds
- Iraqi Advisory Board For Oil Ministry Under Discussion
- Northern Pumping To Start Soon With Exports Not Before End-August
- SPC Reconstituted; Prime Minister Is Chairman
- Decree Issued For Merger Of Oil And Water/Electricity Ministries
- SPC Approves Composition Of Three Consortia Bidding For Project Kuwait
- $20Bn Investment In 10 Giant Gas-Based Industrial Projects
- OPEC Oil Production Holds Steady In July
- Nigeria’s Crude Capacity Stands At 2.5Mn B/D But Output Down Due To Instability In Oil Region
- EIA Increases Global Demand Growth Forecast For 2003 But Cuts US Contribution
- Crude Prices Boosted By Security Fears
- Saudi Crude Price Changes A Mixed Bag For September Deliveries
- Saudi LPG Prices Maintained For August
- Crude Oil Formulas/Posted Prices ($/B)
- IAEA Schedules Update On Iran Nuclear Program As US Media Question Tehran’s Motives
- Iran Orders Tankers For Caspian Crude Swaps
- Karachaganak Condensate Production Increases To 200,000 B/D
- ADWEA Seeks Developer For Mirfa IWPP
- RasGas-2 Signs 20-Year LNG Supply Deal With Spain
- Turkey Recalls Petkim Privatization Tender
- Peru’s Camisea Gas Project Faces Possible Delays
Financial & Banking News
- Oil Price Shocks A Continuing Threat As GCC Economies Fail To Diversify And Invest, Says NCB
- Kuwait Unveils Budget For FY 2003-04
- KPC Forecasts 1.2% Increase In Profits To $1.76Bn
- Kuwait 2003 Budget Oil Price Unchanged From Previous Year
- CPA Requests Proposals To Manage Iraq’s Rafidain And Rashid Banks
- CPA Tenders Mobile Telecoms Licenses In Iraq; Eases Bidding Rules On Government Holdings
- CPA To Award Three Licenses For Northern, Central And Southern Regions
- TSE Moves To Cap Surge In Share Prices
- IDB Launches $400Mn Sukuk Bond