Issue 49
Oil News
- NORWAY WILL CUT EXPORTS BY 1O%
- IEA Puts 3Q Production Surplus at 2.6mn B/D
- Average First Half Export Price Falls to $14.53/B in Venezuela
- PDV to Go Ahead with Purchase of 50% of Citgo
- Iraq Attacks Lavan Island and Tabriz Refinery: Larak Threatened
- Iran Misses Second Repayment on IJPC Debt
- Pakistan and Iran Renew Oil Countertrade
- Taqi Puts Proved and Probable Reserves at 112bn Barrels
- Iraq Starts Gas Exports to Kuwait
- Saudi Arabia Denies Reports of Overproduction
- Egypt Allocates $373.6mn for Oil Development in FY 1986-87
- LPG Output Slated to Rise by 75% in Three Years
- Output of Light Crude Oil by FPC May Rise to 100,000 B/D by 1988
- White Nile Petroleum Company Liquidated
- Publications Received
- THE OXFORD ENERGY SEMINAR: SECOND WEEK
Financial & Banking News
- Kuwait Aims for Real Spending Cuts
- DHF Says Egyptian Debt Grows to $38.5bn
- Saudi Banks Report Lower Earning
- AFESD Lends Jordan $19mn
- IDB Lends Morocco $12mn
- US Grants Tunisia $19mn Worth of Food Supplies