Issue 10
Oil News
- OPEC LIKELY TO AGREE ON 5-10% PRODUCTION CUTBACK FOR 1Q 1987
- Saudi Arabia's Petromin Advises Potential Customers of Price Formula for Term Contracts for Refined Products
- Pakistan to Purchase 40,000 B/D of Saudi Crude in 1987
- King Fahd Chairs Cabinet Meeting on OPEC Conference
- Norway Will Continue Support if OPEC Reaches Agreement
- Iran Calls for Production Cut
- Otaiba Says OPEC Will Take all Steps to Reach $18/B
- IEA Sees Demand Growth of 1.5% in First Half of 1987
- USSR Strikes Oil at Shabwa
- Iraq to Export 250,000 b/d from Yanbu' in January
- Iraq Attacks Power Station on Caspian Coast
- Pecten May Pull Out of Syria Shortly
- Iranian Majlis Approves Supply of 1mn Tons of Free Oil to Syria
- AMPTC Registers a Net Loss of $97.3mn in 1985
- Iraq Sets Up State Organization for Gas
- Intoil Group Publishes its First Operational Report
- Total Postpones Development of Amal Field
- GCC Disappointed at EC Quotas on Petrochemicals
- Publications Received
- Netback Values For Selected Crude
Financial & Banking News
- Tunisia Announces Austerity Budget
- Draft Jordanian Budget Increases Spending
- Saudi Budget Due In January
- New Central Bank Governor Appointed in Iran
- Al Mal Group Reports $12.8mn Profit
- IFAD Lends $19.76mn for Arab Agricultural Programs
- WFP Provides North Yemen with $23.9mn in Food Supplies
- Yugoslavia Lends Sudan $11mn for Water Projects
- Denmark Lends Egypt $22mn for Electricity Projects