Issue 06
Oil News
- Higher Freight Rates Pose Problems For Gulf Crude marketing
- Full Operation of Iraq's IPSA-2 Line now Scheduled for December
- Capacity of Third Pay Zone at Zubair Field Increased to 230,000 B/D
- Dutch Firms Awarded Contract for Dredging Khor Abdallah to Receive LPG Tankers
- C. Itoh Signs for 10,000 B/D of Iraqi Basrah Light Crude
- Iran Secures $800mn Prefinancing for Marimpex Crude Supply Deal
- Iranian Crude Output Estimated at 2.78mn B/D for October
- Saudi Aramco Makes another Light Crude Discovery in Central Province
- No Change in Saudi Crude Prices for December
- Correction
- YCIOMR Resumes Negotiations with the Consortium this Week
- Sonatrach Awards CFP/KUFPEC/REPSOL Consortium Two Production-Sharing Contracts
- Spain to Carry Out Feasibility Study for the First Phase of the Western Gas Pipeline
- Halliburton to Process Seismic Data of BHP Concession
- OPEC Crude Output Rises to 22.9mn B/D in October, According to IEA
- Egypt and Agip Sign $950mn Oil and Gas Development Program
- Terms of IEOC and ARCO/LL&E Concession Agreements
- More Oil/Gas Agreements in the Pipeline
- PDO Discovers Light Crude at Hawqa in Central Oman
- Oman Price for October
- PIC Decides to Increase Capacity of Polypropylene Project to 100,000 Tons/Year
- Agreement in Principle to Establish Joint Oil Exploration Company
- EC to Withdraw Tariff Concessions for Saudi Petrochemicals in 1990
- Shirawi Says GCC Must Unify Import Duties before Free Trade Accord with EC
- US Officials on Gulf Tour to Seek Crude Supplies for SPR
- Construction Work on First Stage of Regional Power Grid to Start Shortly
- ICEED Holds Annual Conference Next Spring
- Netback Values
Financial & Banking News
- Arab Investments in Egypt Worth $634mn
- Investcorp Hives Off Gucci, Chaumet Stakes
- US Makes $567mn Repayment to Iran
- KIO Spanish Subsidiaries Report Huge Profit Growth
- Japanese Trade with Iraq Restricted by Debt Problems
- Commercial Facilities Borrows $75mn
- Commercial Bank of Kuwait Bond Issue Signed
- EC Support Egypt in IMF Talks
- $420mn Italian-Egyptian Aid Protocol Ratified