Issue 17
Oil News
- TEST OF NERVES IN THE OIL MARKET
- ABU DHABI GOES MARKET RELATED
- Iran Halts Spot Sales Amid Calls for OPEC Production Cuts
- Thatcher Adamant on Non-Intervention: Norway Equivocates
- Ecuador Devalues
- New Oil Minister for Nigeria
- Iran Signs Netback Deals for 700,000 b/d
- Iraqi Raids Delay Iranian Oil Exports
- Japanese Buyers Press for Revision of Iraqi Price Formula
- Saudi Setback Deals with Japanese Groups Close to Finalization
- SABIC Signs Licensing Agreements for Petrokemya's New Polystyrene Unit
- Pakistan to Take 35,000 b/d of Saudi Crude
- Agreement for Saudi Aircraft Plant
- Aden Refinery Res les Operations: Exploration Development Halted
- Egypt Reduces Oil Prices and Exports
- EGPC Approves Acquisition by Japanese Group of 25% Stake in Zafarana Concession
- Intoil Signs Farmout Agreement for Sharjah's Mubarek Field
- UAE Lowers Petrolexlm Product Prices
- Dubal's Exports Rise in 1985
- Jordan Imports Crude Worth $650mn in 1985
- New Gas Line from Hassi R'Mel to Skikda
- UASC Signs $27mn Contract with Daewoo for Petrochemical Carrier
- Symposium Financing of Petroleum Projects to Be Held in Abu Dhabi
Financial & Banking News
- Bahrain to Issue T-Bills to Finance Budget Deficit
- Oman Budgets $0.5bn Deficit, Devalues Riyal
- Galadari Creditors Sue
- SAIB Loses $4mn in 1985
- NBB Profits Fall, Dividend Halved
- NBAD Arranging $15mn Construction Facility
- KFTCIC Deal for Romania Cancelled
- Egypt Borrows œ8mn from Lloyds
- Arab Banks Lack Channel Tunnel Scheme