Issue 16
Oil News
- Iraqi Throughput to Yanbu' to Be Restricted to 250,000 b/d in February
- Soviet Union Promises Export Cutback; Norwegian Companies Fall into Line
- Mexico Pledges Further 30,000 b/d Export Cutback, But Will Retain Market Related Pricing
- Term Contract Negotiations Between Buyers and OPEC Suppliers Still Focus on Volume
- Aden Refinery to Process 20,000 b/d of Kuwaiti Crude; Moves to Renew Processing Deal With Iran
- Elf Aquitaine Awarded Production Sharing Concession in South Yemen
- KOTC Signs $13mn Contract for Six Product Tankers with South Korean Firm
- Petrolube Exports 20,000 Barrels of Lube Oils in 1986
- NIC Acquires 10% Stake in Ibn Hayyan
- Record Output at SABIC's Hadeed Plant
- Oil Resource Management Features Prominently in Saudi Research Institute's Program in 1986
- Technipetrol Wins $35 Contract for Suez Ammonia Plant
- Japan Petroleum Development Company Relinquishes Omani Concession
- Dugas Anticipates Rising Demand for Gas in Dubai
- Publications Received
- Netback Values
Financial & Banking News
- UBK Buys into UK Mortgage Company, Launches Managed Fund
- DMI Increases Operating Profits
- UAE Commercial Banks Urged to Make Provision for Bad Debts In 1986 Results
- Lebanese Bank Withdraws from Saudi Joint Venture Bank
- Agreement to Reschedule Brazil's Debts to Governments
- Bangladesh and Nepal Receive $23.6mn from SFD
- Saudi Aid to the Occupied Territories
- BADEA Approves $23mn in loans and Grants
- UAE President Donates Two Boeing 707's to Sudan
- IDB Lends $31.5mn to Turkey and Gabon
- IFAD Lends Morocco $8mn