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Issue 18

Oil News

  • CRUNCH TIME FOR OIL
  • 'ALI KHALIFAH CALLS FOR CUT OF OVER 300,000 B/D IN UK NORTH SEA OUTPUT
  • Iraq to Move Ahead with 1.6mn b/d Phase Two of Iraq-Saudi Arabia Pipeline
  • Iraqi Attacks Mapper Kharg Repairs
  • Norwegian and Venezuelan Energy Ministers to Meet in Geneva
  • Saudi Government Stresses Need for Non-OPEC Cooperation
  • Algeria, Iran and Libya Call for Output Regulation Meeting in Tripoli on 3-5 February
  • Venezuela and Mexico Agree on Joint Measures to Confront Oil and Financial Problems 
  • UK Opposition Calls for Cooperation with OPEC
  • China Will Not Raise Exports in 1986: Nigeria Must
  • IEA Demand Forecasts Unchanged in February OMR
  • New Downstream Acquisition for Venezuela
  • Iran Settles with Chevron and BP
  • Marubeni Secures Saudi Netback Deal
  • Petromin Reduces February LPG Prices by $10/Ton
  • NIC Investments to Rise to $41mn by End-1986
  • Petromin Awards Contract for Mahd al-Dhahab Gold Treatment Plant
  • Proved Oil Reserves Stand at 1,541Mn Barrels
  • Korea Heavy Industries Wins Dubai Power Contract

Financial & Banking News

  • Cartegena Group to Coordinate Debt Strategy
  • Sudan Faces Cash Crisis as IHF Cuts Off Lending
  • UAE Devaluation Plans Denied
  • ABC Profits Slip But Asset Growth Continues
  • NBK Profits up in 1985
  • ABC Arranging KKBC Deal
  • Small Dong Ah Facility for Libyan MMR
  • CTG/France Manche
  • AFESD Lends $49mn to Tunisia
  • BADEA Lends Sudan $3mn
  • USAID Extends $25mn Soft Loan to Sudan

The Political Scene

  • The Middle East Situation
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