Issue 31
Oil News
- IRAQ MAINTAINS INSISTENCE ON MINIMUM QUOTA PARITY WITH IRAN
- 'ALI KHALIFAH DENIES KUWAIT FAVORS OPEC OIL PRICE INCREASE
- GCC Oil Ministers to Meet in Jiddah on 17 May
- IEA estimates OPEC Output at 16.6mn b/d in April
- Soviet Merchant Ship Hit by Iranian Revolutionary Guard Naval Units; Iraq Raids Sassan Oilfield
- Trunkline LNG Deal Flexible on Prices and Volumes
- Kuwait's KPC Buys Soviet Service Stations in UK
- Otaiba Calls for Higher OPEC Quota for the UAE
- ADCO Moves to Cut Expenditure and Rationalize Operations
- Oil Output Averages 888,400 b/d in January-April 1987
- EGPC Approves Five New Oil Agreements
- CPIC Awarded Concession Off Musandam Peninsula: Development Proceeding on Bukha Offshore Field
- Iraqi Production Exceeds 2mn b/d in April
- Turkey to Re-Route Iraqi Pipelines
- Syria to Pay Cash at Official Prices for Iranian Contract Oil
- Libyan Production Averaged 926,000 b/d in April
- Netback Values
Financial & Banking News
- Iran Runs Down Its Reserves
- Egypt Edges towards IMF Agreement
- BKME Climbs to Second Position among Kuwaiti Banks
- Gulf Bank Profits Recover as Assets Shrink
- NIC Posts $11.5mn Profit for Financial Year Ending 1986
- OPEC Countries Decrease Foreign Bank Deposits by $22bn in 1986
- US to Return $451mn in Iranian Assets
- Saudi Cable Company Goes Public
- NBK Re-opens KD Bond Market with Big Finland Issue
- IBRD Lends Morocco and Oman $139mn
- North Yemen Receives Grants from Japan and West Germany
- France and West Germany Increase Aid to Occupied Territories