Issue 21
Oil News
- NON-OPEC EXPORTERS EXPECTED TO ANNOUNCE 2Q OUTPUT CUTS IN COMING WEEK
- IRAN EMBARKS ON REPAIR OF OFFSHORE FIELDS
- First Quarter UAE Output Likely to Average 1.5mn b/d
- Omar Production Stepped Up to Reach 100,000 B/D by 1 March; Syrian Output May Reach 450,000 b/d in 1990
- Tayyim Tender Awarded to Shwartz
- OPEC Statement on 1Q Production
- Indonesia Sets March Price for Minas Equivalent to OSP
- Texaco Takes over Exxon Concession in North Yemen
- Saudi Statement on Formation of Samarec
- Petromin and Boliden to Develop Sukhairat Gold Deposits
- Neutral Zone Offshore Production Tumbled by 28% in 1988
- Kuwait to Compensate Saudis for Property in Neutral Zone
- Ighar Field to Start Production this Year at 5,000 B/D
- Iran and Turkey Plan to Increase Trade
- Five-Nation Arab Summit Proclaims the Arab Maghreb Union
- Surge in Japan's Oil Demand
- Italy and USSR Sign MTBE Joint Venture
- Netback Values
Financial & Banking News
- GB Posts Weak Recovery
- ANB Maintains Provisioning
- UAE Trade Surplus Shrinks in 1988
- Jordan Denies Asking for IMF Support and Reschedulings
- KIO To Withdraw from Spanish Banking
- Libya Wins Back Frozen UK Assets
- BRD and Japan Fund Algerian Agricultural Credits
- Denmark Grants $35mn to Egypt
- West Germany Forgives Mauritanian Debt
- IDA Lends 5mn to South Yemen