Issue 34
Oil News
- REAGAN ADMINISTRATION DETERMINED TO MAINTAIN MILITARY ESCORT CAPABILITY IN GULF
- Oman Grants Crude Customers Retroactive Discounts for February-April Period
- Abu Dhabi Plans Production Increase in June
- Chevron Sells Its Stake in Ras al-Khaimsh Concession
- Dubai Lube Oil Plant Goes on Stream
- ADNOC-FOD to Market Diesel Oil in Saudi Arabia
- Indonesia Opposes any Change in December Agreement
- Hodel Calls for More Domestic Exploration
- Qadhafi Warns of Dangers Confronting Libyan Industry
- Petrobel Makes Offshore Oil Discovery at Ras Garra
- Prices of Ras Budran and Ras Gharib Crudes Raised 15 Cents/B for June
- Distrigaz Goes to Arbitration over LNC Deal
- Explosion and Fire at Gas Tank in Kuwait
- Supreme Planning Council Set-Up in Kuwait
- KOC Signs $15mn Oilfield Maintenance Contract with British Firm
- SABIC Subsidiary to Start Ammonia Production in June
- More Gold Discovered in Saudi Arabia
- UK Firm Wins Saudi Poser Contract
- Burundi Buys Iranian Crude
- Baghdad Hosts Fourth Arab Energy Conference next March
- Review of ASRY's 1986 Operations
- Netback Values
Financial & Banking News
- THE ARAB BANKS AND THE `CITICORP EFFECT'
- Egypt Soft Pedals at Paris Club, Cracks Down on Black Market
- Omani Bank Profits Increase
- Hungary and East Germany Borrow
- ABC Issues DM Bond
- IRBD Lends Algeria $214mn
- West Germany Extends $150mn in Loans and Grants to Egypt
- KFAED Extends $24.9mn in Aid to Four Countries
- IDB Lends $27.6mn to Three Member Countries
- Canada and Italy Provide Loans to Morocco
- OFID and IFAD Lend North Yemen $7.5mn
- USAID Provides Jordan with $26.2mn in Loans and Grants
- IDA Lends Somalia $12.7mn for Agricultural Research
- Saudi Arabia Contributes $1mn to Lebanon's al-Maqasid
- EC Loans $2mn to Arab Businessmen in Occupied Territories