Issue 04
Oil News
- IRAN'S REJECTION OF PRODUCTION QUOTA PARITY WITH IRAQ PRESENTS SERIOUS OBSTACLE TO OPEC AGREEMENT
- Iranian Cabinet Reaffirms Tehran's Rejection of Iraq-Iran Production Quota Parity
- Otaiba Reiterates UAE Insistence on 1.5mn b/d Production Quota
- Iraq Ready to Participate in OPEC Agreement
- Iran Plans Oil Production Capacity of 3.6mn b/d in 1993
- Iran to End Shuttle Service by Year-End
- Mitsui and Marubeni Sign 4Q Iranian Supply Contracts
- Iranian Oil to Yugoslavia in Trade Agreement
- US Congress Fails to Pass Economic Sanctions Bill against Iraq
- UAE Sustains Production at l.9mn b/d
- International Petroleum Spuds First Well in Onshore Ras al-Khaimah
- Suez Canal Tolls to Rise by up to Eight Percent in 1989
- Ibn al-Baytar Starts Construction of Fertilizer Complex
- Joint Petrochemical Complex With India
- Second Rig Starts Drilling in North Gas Field
- Banoco Maintains Crude Oil Output at 40,000 b/d in 1987
- Correction
- Bahrain Minister Optimistic about GCC-EC Free Trade Deal
- Correction
- Malaysia to Increase Production by 4.2% in 1989
- Netback Values
Financial & Banking News
- Kuwait Central Bank Foreign Assets Recover
- Iranian Non-Oil Exports Fall
- Moroccan Agreement with Paris Club Completed
- Egyptian Government Oil Revenue Declines
- Sudan Introduces Parallel Exchange Rate
- Bahrain Broadens Scope for T-Bills
- KIO Increases Sime Darby Stake, Buys into Belgian Papermaker
- AMF Lends $113mn in 1987
- Kuwait Lends Sudan $18mn