Issue 43
Oil News
- Increasing Reserve Recoverability Is Key To New Algerian Oil Strategy
- Libyan Price Formulas Remain Unchanged in August; Two Formulas Adopted for Bouri Crude
- Nigeria Increases Price Formulas 5-10 Cents/B for August
- Kuwait Resumes Crude Exports on Limited Scale
- Ahmadi and Magwa Oil Well Fires to Be Extinguished by Mid-August
- UN Security Council Discusses Allowing Limited Iraqi Oil Sales
- Iraq Needs $20bn to Restore Power Generation System
- Othman Appointed Acting Director of SOMO
- South Korea Approves Restructured Saudi/Ssangyong Joint Venture
- Samarec's Output of Products Tops 1.067mn b/d
- NIC's Capital Doubled
- New Gold Find in Saudi Arabia
- OPEC Secretariat Supply/Demand Estimates, 1990/1991
- Shell and Montedison Relinquish Concession in Libya
- MTBE Project Planned in Algeria
- Oil Minister Signs Concession Agreements with Esso and IEOC
- Suez Canal Revenue Up 22.6% in FY 1990-91
- Terms of IEOC/Esso's North Ras Budran Concession
- EGPC/Mobil to Supply Jet Fuel at Dubai Airport
- Belleli Saudi Heavy Industries Wins Dubai Desalination/Power Plant
- Bahrain to Build New Port at al-Hidd
- Publications Received
- Netback Values
Financial & Banking News
- Central Bank Governor Wants to See Four Commercial Banks in Kuwait, Merger Process to Start Next Month
- Rudhan Clarifies Borrowing PlansĀ
- Ghozali Reaffirms Commitment to Reform but Points to Challenges Ahead
- Bank of England Governor Implicates Senior Gulf Officials in BCCI Scandal
- UK Court Postpones Winding Up Order on BCCI
- Oman Records Biggest Ever Balance of Payments Surplus
- Britain to Write Off Half of Egypt's Debt, in Line With Paris Club Terms
- Banks Invited to Finance Qatar's MTBE/Methanol Plant
- ANZ Arranges $105mn for Pakistani Oil Imports
- GIB's Profitability Improves in First Half