Issue 22
Oil News
- OPEC Looks At Output Cutback Required To Balance Market In 2Q
- OPEC Demand/Supply Estimates
- All Producing Wells Damaged in Kuwait
- Kuwait Signs Contracts Worth Over $800mn for Phase I of Reconstruction Program
- Kuwait Seeks Special Consideration from OPEC, Says Ameeri
- Damage Assessment of Iraqi Oil and Industrial Plants
- Libyan Price Formulas Unchanged for March
- Nigeria raises Price Formulas for March
- Qatargas Signs 25-Year LNG Supply Contract with Chubu Electric Power
- IEA to Suspend the 2.5mn b/d Emergency Supply Plan
- US Crude Imports from OPEC Rose by 3% in 1990
- USSR Allocates Extra Funds to Ailing Petroleum Industry
- Oil Ministry Submits Revised Oil Production Plan to Majlis
- NITC Allows Tanker Contract with Daewoo to Lapse
- Iran and Turkey Undertake Study for Gas Pipeline to Europe
- Netback Values
- Turkey May Import Natural Gas from Syria
- Netback Values
Financial & Banking News
- Seven Kuwaiti Banks to Begin Settlement of Interbank Positions
- GIC to Inject $450mn into GIB but GIB Will Retain Independent Management
- Federal Reserve to Investigate BCCI-FAB Link
- US and Kuwait Press for Reparations from Iraq
- White House Presents War Bill to Congress, as Allies Continue to Offer Money
- National Bank of Fujairah Continues to Improve Profits