Issue 10
Oil News
- Iraq Is Working To Restore Gulf Export Capacity From Mina Al-Bakr
- Kuwait Plans Production Buildup to 1.5mn b/d OPEC Quota Level by End-1992
- Kuwait Lines Up 200,000 b/d of Term Crude Sales for 1992
- Kuwait Signs Oil Cooperation Protocol with Hungary
- Yemen Government Approves Nimr Agreement with Arco
- Aghazadeh Calls for Serious Production Control Measures by OPEC in 2Q 1992
- Iran to Supply Hungary with 30% of 1992 Crude Oil Requirement
- Iran Signs Agreements for Nine Private Sector Petrochemical Projects
- OPEC Production Hits 24.17mn b/d in November
- OPEC Basket Price Drops to $19.79/B in November
- Saudi Crude Price Formulas for January
- Abu Dhabi and Oman Reduce Prices 50 Cents/B in November
- Libya Raises December Prices for Brega/Zueitina
- Yemen Increases 1Q92 Price Formula by 25 Cents/B; Crude Contracts for 1992
- Nigeria Raises December Forcados Price
- Algerian Parliament Approves Amendments to Oil Law
- $2bn Upgrading Program Will Enhance Product Yield of Saudi Refineries
- BP Sells Producing Interest in Suco to Repsol and Shell May Put Up its Share for Sale
- Mabro Wins 1990 IAEE Award
Financial & Banking News
- London Court Postpones Ruling on BCCI: Possibility of Payout in 1992
- KIA Expected to Ratify Investment in BAII by Year-End
- Riyad Bank Postpones Share Flotation
- National Bank of Bahrain Plans 20% Cash Dividend again
- One More Bank Joins Kuwaiti Loan Syndicate
- EC Signs ECU400mn Loan with Algeria, First Drawdown soon
- Kuwait Airways Considers its Options on Aircraft Finance
- Omani Current GDP Rose by 26.6% in 1990
- US Agrees to Pay Iran $278mn for Impounded Weapons
- Yemen to Buy out Saudi Share in National Airline
- Iranian Parliament Begins 1992 Budget Deliberations