Issue 14
Oil News
- BUYERS SHOW RELUCTANCE TO ENTER INTO TERM VOLUME COMMITMENTS AT FIXED PRICES
- SAUDI ARABIA EXPRESSES CONCERN AT FORMATION OF AFRICAN OIL GROUPING
- Iran Resumes Attacks on Kuwait-Bound Ships
- Iran and Pakistan Sign Crude Supply Deal for 1987
- Sudan to Import 250,000 Tons of Iranian Crude under a Barter Deal
- Agip Finds Oil in Eastern Algeria
- Abu Dhabi Reconstitutes International Petroleum Investments Company
- Marib Dam Inaugurated
- Netback Price for Saudi Crude Deliveries to Jordan Averages $12.80/B in 1986
- NRA Contracts Czechoslovakian Firm to Drill Geothermal Well in Jordan
- Lebanon Raises Oil Product Prices
- University of Petroleum and Minerals Renamed King Fahd University
- OAPEC Bulletin Backs "Reasonable" Flexibility in Oil Contracts
- Georgetown University Holds Conference on Gulf Future
- University of Surrey Holds Energy Conference in April
- Netback Values
Financial & Banking News
- Al-Baraka Plans Islamic Mutual Fund
- Gulf Air Arranges Pioneer CP Program
- Creditors Meet in Babrain to discuss REDEC Rescheduling
- UAE Budget Delared
- Sultan Defends Reserve Drawdown to Meet Budget Deficit
- US Provides Egypt with $169mn in Food Supplies
- West Germany Grants Egypt $25mn
- Japan Reschedules Sudanese Debts
- OFID Lends $8mn to Arab Potash Company
- IDB Lends $8mn to Arab Potash Company
- BADEA Approves $20.58mn in Loan and Technical Assistance
- Denmark Grants $l9.7mn to South Yemen
- EC Grants Somalia $11.9mn
- Japan Grants $2mn to Morocco and Jordan