Issue 21
Oil News
- MORE CONFUSION OVER OPEC'S MARCH MEETING
- ABU DHABI RAISES OIL OUTPUT
- NIGERIA OFFERS GUARANTEED $2/B EQUITY MARGIN DOWN TO FLOOR PRICE OF $15/B
- Saudi Arabia Clarifies Oil Policy
- Iran Proposes One-Month Oil Export Shutdown Followed by OPEC Output Restriction to 10mn b/d
- Indonesia to Maximize Oil Output
- Qadhafi Says Gulf War Will Escalate if Oil Price War Continues
- African Exporters to Form New Oil Grouping
- Mexico Moves to Cargo-by-Cargo Pricing
- Iraq Attacks Three Iranian Shuttle Tankers
- Iran Might Confiscate Time Swap Crude For Iraq
- Iraq's Associated Gas Supplies to Kuwait to Begin in May
- IAEC Completes First Stage of Nuclear Power Program
- Oman Term Contract Crude Sold Out for 1986
- Mobil and Shell to Market Petromin's Share of Products from Saudi Export Refineries
- Saudi-British Aircraft Deal Will Involve Investments under Offset Program
- EEC Imposes Tariffs on Saudi and Kuwaiti Urea
- Kuwait Sets up Supreme Planning Council
- Idemitsu Concludes Term Contract with ADNOC for Product Purchases
- Output from Ras al-Khaimah's Saleh Field Averages 10,000 B/D
- Libya Delays Oil Payments to Turkish Contractors
- QAPCO's $55mn Ethane Recovery Unit Commissioned
- Interdependence Model Launched by QAPEC-ENI
Financial & Banking News
- Venezuelan Rescheduling Shifts Spotlight onto Mexico
- Sudan Devalues, Announces Limited Austerity Program
- Egypt's Debt Service $3.1bn in 1986
- GIB Profits and Assets Edge up 5%
- Heavy Provisioning Absorbs BMB Income
- Arab Banks Co-Manage 17 Bond Issues
- US Withholds Emergency Aid to Egypt
- SFD Lends Tunisia $36.5mn
- IDB Lends Turkey $15mn
- IDA Lends Mauritania $7.6mn
- BADEA Lends Guinea-Bissau $4.7mn
- US Allocates $67mn for North Yemen