Issue 29
Oil News
- SAUDI ARABIA DOES NOT FAVOR OIL PRICE RISE ABOVE $18/B UNTIL DEMAND REVIVES STRONGLY
- QATAR ABOUT TO EMBARK ON $950MN FIRST STAGE OF NORTH FIELD GAS PROJECT
- Saudi Production Rebounds to Quota Level in April
- Aramco Board Membership Cut Down from 20 to 13
- UK Energy Minister Visits Saudi Arabia
- SABIC Reports 35% Increase in 1986 Profits
- Kuwait Confirms Tanker Chartering and Flag Changing in Effort to Halt Attacks on its Shipping
- Iraq and Turkey Agree on Construction of 70,000 b/d Ain Zalah-Batnan Pipeline Link
- Iran Seeking to Renew Processing Deals
- Iran to Supply 1mn Tons of Crude Oil to Bulgaria
- Syrian Minister in Iran for Oil Talks
- Technoexpert of the USSR to Develop Shabwa Discoveries
- CFP-Total Signs Production-Sharing Agreement in East Shabwa
- Oman Maintains 517.63/B Fixed Price for May and June
- PDO Testing New Discovery in Central Oman
- Gulf Canada Acquires 25% Interest in East Hurghada Concession
- Japanese Win Contract for Second LPG Plant at Abu Rudeis
- Suez Canal Revenue Rises 20.7% in 1986
- ADNOC's Crude Oil Sales Averaged 609,000 b/d in 1986
- Dubai Drydock Registers Marked Increase in Repair Work in 1986
- Iran and Iraq: The Next Five Years
- Netback Values
Financial & Banking News
- Bahrain OBU Assets Rise: Regional Business Declines
- MEB Recovers from Heavy Losses
- Cyprus Licenses Fifteenth OBU
- Kuwait Reschedules Yugoslav Debt
- Investcorp MDFF Raises $75mn
- Tunisian Foreign Debt Reaches $5.4bn at end 1986
- AMF Appoints New President, Shelves Capital Increase
- Saudi Arabia Lends $11.3mn for Maltese Port
- OFID lends $6mn to South Yemen and Comoros
- BADEA Extends $14.93mn to Four African Projects
- West Germany Loans $45mn to Morocco