Issue 48
Oil News
- MIDEAST SUPPLIERS ACCOUNT FOR RISING SHARE OF US OIL IMPORT GROWTH
- South Korea's Dong Ah Awarded $5.3bn Contract for the Second Phase Great Man-Made River Project
- Talks with US Oil Firms Extended Until Year-End
- Bouri Field Producing at 30,000 b/d
- Algeria and Libya Voice Concern Over Lack of OPEC Discipline
- Beck Appointed General Manager of New Joint Company
- Libya Donates 300,000 Barrels of Crude to the Sudan
- Egypt Raises Prices by 15 Cents/B for First Half of September
- New Price Formula for Marib Light in 4Q
- South Yemen's Export Pipeline to be Inaugurated in October
- Petro-Canada Signs Protocol for Exploration Permit
- Iran Earmarks 250,000 b/d to Finance Products Imports and Refinery Construction
- July Output Figures Compiled by OPEC
- Shaikh Muhammad Appointed Undersecretary at Ministry of Petroleum and Finance
- Eleventh Oxford Energy Seminar to Begin on 4 September
- Netback Values
Financial & Banking News
- Higher Spending Leads to Increased Saudi Deficit
- UAE Revenues, Spending Fall in 1988
- Arab External Debt Measured at $111.3bn in 1988
- Japan Lends $96mn to Algeria