Issue 20
Oil News
- Saudis Signal Change In OPEC’s Course To Meet New Realities
- Security Of Supply Views Dominate MPGC As Oil Price Hits New Highs
- OPEC Needs To Regain Credibility
- Crude Prices Hit All-Time High On New Evidence Of Demand Strength
- Most OPEC States Producing At Capacity Despite Quota Reduction
- Hedge Fund Dominance Of NYMEX Oil Futures Behind High Prices, Says Vitol’s Taylor
- Crude Oil Formulas/Posted Prices
- IEA Revises 2004 Demand Growth Forecast Up To 1.95Mn B/D As Global Consumption Soars
- EIA Raises Demand Forecast To 81.1Mn B/D For 2004
- US Oil Firms To Remain In Syria Despite Sanctions, But Wary Of Future
- Sabotage On Major Southern Pipeline Cuts Exports By One-Third
- Saudi Aramco’s 2003 Review Speaks Of More Business/Industry Partnerships
- Saudi Aramco And Sumitomo Sign MOU For Rabigh Refinery/Petrochemical Project
- NIOC Pushing To Loosen Iranian Oil Contract Terms
- Ahmadi Refinery Fully Operational Again After Accident In 2000
- Doosan Wins Sabiya Desalination Contract In Kuwait
- KPC’s Europort Refinery In Rotterdam Back At Full Production Capacity
- Kuwait/Qatar Discuss Options For Gas Supply
- Gasco Releases Tenders For AGD-2/Ruwais Package
- Shell Signs North Western Desert E&P Concession Agreement
- Oman Plans Plastics Park To Promote Polypropylene-Based Industries
- Minor Cabinet Reshuffle In Oman
- Two South Korean Firms Sign Agreement For Private Refinery In Yemen
- 19 Firms Qualified To Bid For Six Exploration Blocks On Offer
- Iran’s Tamirat Withdraws From Contract To Operate Lebanese Power Plants
- Gulf States Approve Funding Plan For GCC Power Grid
- Total’s Lechevalier To Head Mideast Operation In Bahrain
- Letter To The Editor
Financial & Banking News
- ELNG Train One Syndication Nearing Completion Following Financial Close…
- …Train Two Targeting End 2004 For Financial Close
- Lebanese Parliament Approves “Status Quo” Budget
- Iraq Owes Jordan $1.3Bn In Trade Payment Arrears, Says Tuqan
- Saudi Officials Predict Strong Economic Growth For 2004
- Oman LNG Records 27% Revenue Growth To $1.4Bn In 2003
- Remittances Play A Key Role In Jordanian Economy, Says Jordinvest
- AMLAK Looks To Diversify, Despite Mortgage Market Boom
- Lebanon Rolls Over Debt With $1.2Bn Eurobond Issue
- Bank Muscat’s Debut $250Mn Dollar Bond Oversubscribed
- Kuwait’s National Industries Group Issues $60Mn Note
- Standard Chartered Seeks To Delay Launch Of Iraq Operations
- Mashreqbank To Provide Financing For Part Of Jumeirah Beach Development
- Salalah Port Signs $110Mn Loan Agreement For Refinancing, Expansion
- Doha Bank Merges Pakistan Operations With Trust Investment Bank
- OPEC Fund Signs $20Mn Loan For Egypt Power Station, Other Loans Worth $63Mn