Issue 11
Oil News
- Egypt Positions Itself To Become Regional Gas ExporterÂ
- Mideast Naphtha Sellers Secure Increasingly Higher Premiums For 1997 Term Exports
- OPEC Crude Output Rose To Nearly 26.7Mn B/D In February
- QGPC Signs 80,000 B/D Condensate Refinery MOU With Foreign Partners
- Japan's JGC Edges Out Rivals In Bidding For Berri Gas Plant Expansion
- SABIC's Net Income Falls 30% In 1996 Due To Low Petrochemical Prices
- Iranian Gas Imports A Must, Says Turkey's Energy Minister
- Iran Price Formulas Remain Unchanged For April
- Petronas Acquires 30% Interest in IPC's Block 5A In Southern Sudan
- Yemen Signs Two Production Sharing Agreements With Kerr-McGee
- IPIC's Downstream Investments Estimated At $1,066Mn
- Egypt Trans-Gas Company Lapses
- Netback Values
Financial & Banking News
- S&P Issues PI Ratings On Saudi BanksÂ
- Al-Hidd Loan Still A Source Of Contention
- SABIC Signs $850Mn Ibn Rushd Loan
- Asir Takes Stake In Bank al-Jazira
- $100Mn Syndicated Loan For CIB
- Lebanese Banks Cut Prime Lending Rate In Local Currency To 16%
- UNCC To Pay $144Mn In Claims
- Nourbakhsh Sees 5% Growth In Iran's GDP In 1996-97
- Libya Earns $9.6Bn Foreign Exchange In 1996
- Shell Marketing Oman To Float Shares On MSM