Issue 29
Oil News
- THREE OPTIONS FOR OPEC/NON-OPEC IN VIENNA
- Oil Facilities Damaged in US-Iranian Naval Confrontation
- Tension Simmers in Yemen Border Dispute Adjacent to Oil Areas
- North Yemen's Third Development Plan Provides for Investment of $333mn in Oil Sector
- South Yemen Allocates $31mn for Oil Exploration in Third Development Plan
- Spain's Cepsa Signs for 100,000 b/d Saudi Crude Supply Contract
- Santa Fe-Braun Wins Engineering Contract for Petroline Expansion
- Technipetrol Wins Letter of Intent for Ibn al-Baytar Phosphatic Fertilizer Plant
- Saudi Arabia Awards Licenses for Boeing Offset Projects
- Taiwan to Import more Saudi Crude
- Syria to Pay Market Prices for Iranian Contract Oil
- FPC Invites Bids for Construction of Production Facilities at Omar Field
- Khalda Petroleum Awards Five Contracts to ENPPI
- Uhde Awarded Contract for Expansion of Abu Qir Fertilizers Plant
- Semadco Invites Rebids for Suez Ammonia Plant
- IPIC-CEPSA Refinery Deal Finalized
- ADCO Completes Major Development Programs in 1987
- Alba Awards $80mn Expansion Contract to British Firm
- QASCO to Take over Management of Steel Mill
- Primary Responsibility for Price Defense Still Rests on OPEC, Says Iranian Oil Minister
- Indonesian Minister Proposes 700,000 b/d OPEC/Non-OPEC Output Reduction Plan
- Norway Extends Curb on Planned Production for Second Half 1988
- Mexico Pledges Export Cutback if Others Do Likewise
- China Offers 5% Cut in Exports
- International Energy Workshop to be Held in Honolulu next June
- Netback Values
Financial & Banking News
- ARBIFT Declares $33 Loss after Heavy LDC Provisions
- SAIB Results Show SRl0mn Write-Off
- IDB's Foreign Trade Financing in Decline
- BCCI Makes $100mn LDC Debt Provision
- Samba First Quarter Profits Tripled
- Kuwaiti Government Debt Outstanding Exceeds KD1bn
- ABC Mandated for Hungarian and Investcorp Deals
- Egypt Readmitted to Arab Funds
- MIGA Agreement Goes into Effect