Issue 11/12
Oil News
- More Netback Deals for Saudi Arabia
- Saudi Arabia Runs Down Floating Storage
- Petro in Reviews 1983-84 Activities
- Nigeria Proposes Formation of "Consultative Group" of African Oil Exporters
- OPEC Policy Committee Expected to Meet in Mid-January
- Comments on Geneva Agreement Show Differing Approaches
- OPEC Says Output Was 16.3mn b/d in 1984
- Fall in Prices Could Force Venezuela to Renegotiate Debt Rescheduling/title>
- Norway Will Not Cut Output
- 1986 Budget Estimates Oil and Gas Revenues at $10bn
- New Oil Discovery by Sonatrach
- Exxon Negotiating Acquisition of 49% Stake in Runt's Marib-Jawf Concession
- Oman Calculates Oil Price at $22-23/B for Five Year Plan
- Minimal Loading Delays at Sirri Despite Problems at Kharg
- Iraq Settles Italian Debts with Crude Oil Supplies
- Fluor Wins Thamama C Consultancy Job
- Arab Drilling and Workover Company Registers Net Profit of $7.8mn in 1984
- AREC Estimates Revenues at $10.6bn in 1985
Financial & Banking News
- AHF Reveals Continuing Problems
- UAE Central Bank Board Appointed
- KIO Builds up Holdings in Scottish Banks
- OPEC Current Account Continues to Deteriorate
- SIFCORP Build up Stake in Aitken Hume
- Turkey Lines Up Major Financings
- UAE Supreme Council Approves 1985 Budget, Takes No Decisions on Reforms
- Sudan Receives Assistance from West Germany and IFAD
- IDB Lends Bangladesh $58mn
- SFD Lends Indonesia $26.4mn