Issue 12
Oil News
- Russian Oil Production Boosted By OPEC Pricing Policy
- Iraq Producing Extra 720,000 B/D In March Vs February
- Project Kuwait Essential For Planned Crude Capacity Expansion, Says ΄Arbeed
- OPEC Oil Production Falls In February
- OPEC Ministers Sending Mixed Signals Ahead Of Vienna Meeting
- Chavez To Challenge Supreme Court Acceptance Of Contested Signatures
- WTI Crude Hits 13-Year Peak As US Gasoline Squeeze Continues
- Crude Oil Formulas/Posted Prices
- US Crude Imports Averaged 9.65Mn B/D In 2003, Led By Saudi Arabia
- Libya Upstream Licensing Round Due End 2Q04, Says Wood Mackenzie
- Occidental To Open Office In Tripoli To Support Reentry Talks
- Qatar’s Oil Production Averaged 694,000 B/D In 2002, Says Central Bank
- NPC Plans World’s Largest Ethylene Cracker In Iran’s Olefins 12 Project
- NIOC Lines Up Contractors For Iran’s Kharg Gas Gathering Project
- IAEA Investigation Of Iran’s Nuclear Program Set For Step-By-Step Progress
- Egypt Establishes New Upstream Oil Company
- Suez Canal Sees Strong Volumes Growth In 2003
- EMG Negotiating Gas Supply Contracts With Israeli Customers
- Gas Exporting Countries Forum Agrees To Establish Executive Bureau
- Arab NGL Production Put At 2Mn B/D In 2002, Marketed Natural Gas At 288.5BCM
- Turkey Agrees To Reform Energy Market Under World Bank Program
- Vanco To Start Drilling At Ras Tefelney Permit Offshore Morocco
- Anadarko To Sell Oman Assets
Financial & Banking News
- GSM Operators In Iraq Seek To Extend Two-Year Licenses
- Aid Flows Stabilize Jordan’s Finances In 2003…
- …But Deficit At Around 3.5-4% Of GDP Set To Continue In 2004
- Iranian Government Authorized To Withdraw $5Bn From Oil Fund
- UNCC Approves Awards Of $204Mn
- Taweelah A2 Refinancing Deal Completed
- Bank Muscat Plans $800Mn Euro Medium Term Notes, First $250Mn Tranche In April
- Oman Government $182Mn Bond Oversubscribed
- Saudi Mobile Telephone Services Removed From Negative List
- SABIC Board Recommends $960Mn Dividend
- Oversubscription Prompts CBK To Increase Loan Facility
- Former NCB Chairman Wins Libel Case Against UK Publisher
- Jordan To Privatize Two Electricity Companies
- Jordan And Israel Signal Cooperation With Joint High-Tech Research Facility
- OPEC Fund Approves Loans Of $90Mn
- EU Grants Algeria €106Mn As Part Of MEDA-2 Program
- AFESD Lends Tunisia $41Mn For Sarat Dam Project