Issue 16
Oil News
- Gulf War Leaves Oil Supplies Intact So Far
- IEA Activates Plan for 2.5mn b/d Supply Increase
- Decline in US Oil Demand, Imports and Production in 1990
- Japanese Buyers Slash Crude Contract Volumes from Iran by 260,000 b/d in 1Q 1991
- Iranian Crude Output Holds Steady in December
- Petrobras to Reduce Iranian Crude Imports to 100,000 b/d by April
- Iran to Supply Thailand with 20,000 b/d in 1991
- Soviets to Build Power Stations at Arak and Neyshabur
- NOC Awards New Concession in Sirte Basin
- Drilling Tender for Jana Block to Be Issued this Month
- Jordan Would Find it Difficult to Replace Cheap Iraqi Crude
- Turkey Buys 20,000 b/d of Algerian Crude Oil in 1991
- SAFCO Reports 7.5% Rise in 1990 Profits
- Samarec Lowers January LPG Prices
- Titanium Dioxide Plant Secures New Loan from SIDF
- Tunisia Awards Concession to Elf Aquitaine
- Publications Received
- Netback Values
Financial & Banking News
- Gulf Banks Stay Calm as War Begins in Gulf
- Kuwaiti Officials Well Prepared to Organize Post-War Reconstruction
- Arab Banking Corporation Transfers Administration to London
- KIIC Hopes to Transfer to Dubai in Early February
- US Gives First Official Estimates of Desert Shield Costs
- King Fahd Details Saudi Aid to Iraq
- Indosuez Signs $15mn Share Repurchase Facility with Bahraini Company
- Societe Generale Financing for Iran Rises to $2.2bn
- USCB Uses Record Profits to Strengthen Reserves
- KIO Ercros Sells its Refining Company for $461mn