Issue 06
Oil News
- US SANCTIONS AGAINST SYRIA IMMINENT?
- King Fahd Says $18/B "First Stage"
- Iran Backs Saudi Initiative
- Price Committee to Speed Implementation of $18/B Says Kuwaiti Minister
- Little Change in November IEA Figures
- Oman Reduces Output by Further 50,000 b/d
- Iraq Renews Attacks on Iranian Oil Targets
- Libya Declares Force Majeure on some Deliveries
- API Chairman Calls for "Minimum Survival Price" for US Oil
- Floating Storage Capacity Reaches 12mn Barrels
- Continental Shelf Agreement Signed
- Petronin and Hispanoil Sign 30,000 B/D Netback Deal
- Jiddah Refinery Throughput Rises to 91,897 b/d in 1985
- SABIC to Privatise Ibn Hayyan soon
- Getty's Neutral Zone Output Averages 135,588 b/d in 1985
- KOTC Plans to Purchase New Product Carriers
- Kandil Retains Oil Portfolio in New Cabinet
- 2mn Ton/Year Distillation Unit at Suez Is Completed
- 1985 Registers 19 Oil and Gas Discoveries
- PDO to Commission Nimr Oilfield in South Oman in December
- Sudan to Import 50,000 Tons/Month of Iranian Crude in Ex- change for Sudanese Maize
- ADNOC Introduces Bunkering Service
- Publications Received
Financial & Banking News
- Tougher Line on IMF after Egyptian Government Changes
- Sudan Limits Foreign and Private Bank Activities
- BoA Closes Beirut Operation
- Saudia Loans Deferred
- More Arab-Led Turkish Loans Emerge
- Saudi European Launches ECP Program
- UBAF Leads Cameroon Deal
- IDB Approves $94mn in New Loans and Grants
- IDB Lends Pakistan and Guinea-Bissau $15.6mn
- $4mn in EEC Aid for Jordan
- European Parliament Votes to Block 1987 Aid to Syria