Issue 51
Oil News
- Despite Shortcomings OPEC's Geneva Deal Should Have Positive Impact On 4Q Market
- No Change in Volume or Gravity of Es Sider Crude, Says Badri
- Iran's NIOC Signs South Pars Gasfield Development Contract with Saipem/TPL Consortium
- Iran and Kuwait Raise Medium/Heavy Crude by 20 Prices Cents/B for 4Q
- New Board of Directors Appointed at QGPC
- Arab League Backs UAE in Dispute over Abu Musa
- Shell Discovers Gas at Obayed
- ETAP/Elf-Aquitaine to Invest $120mn in Ashtart Oilfield
- Saudi Aramco Expands Capacity of Qurayyah Seawater Plant
- Netback Values
Financial & Banking News
- QWEC Shelves al-Wusail Plant, Looks to Develop Existing Facilities
- Iranian Project Financing in Doubt as Export Credit Agencies Move towards Unified Stand on Export Cover
- Abdesselam Reimposes Import Controls
- Kuwaiti Banks still Face Huge Challenges despite Debt Buyout
- Arab Banking Corporation Issues Interim Dividend again
- UAE Bank Assets Totaled $39bn at End 1991
- Iran's Crude Exports Earn $45.7bn in Last Two Years
- Egypt Spends $4.5bn to Prevent Local Currency Appreciating
- Kuwait Stock Exchange to Reopen on 28 September