Issue 23
Oil News
- GCC AND SAUDI ARABIA STAND FIRM ON OIL POLICY
- OPEC PRODUCTION DROPS IN 1Q 1986
- Iran Reverses Position on OPEC Export Shutdown
- Venezuela Will Urge OPEC to Adopt Unified Pricing System
- Indonesia Calls for Price Stabilization at $20-25/B
- Nigeria Urges OPEC to Revert to Production Management
- Petromin Urges Incentive Crude Customers to Lift Entitlements Under Netback Arrangements
- Petromin Offers Japanese Buyers Term Contracts for Products Based on Singapore Prices
- Petronin Reduces March LPG Prices by S27/Ton
- More EEC Tariffs on Saudi Petrochemicals
- IEA Sees Demand up, Non-OPEC Supply Down in Latest 1986 Figures
- Japan Proposes Industrialized Countries' Meeting on Oil Prices
- Statoil Chief Rejects Production Cuts
- EEC Official Proposes Energy Tax
- Fed Director Says Oil Price Fall Hurts US Economy
- Algerian President Announces Austerity Measures as Revenues Plummet
- Mubarak Estimates Drop in Egypt's Oil Revenues in FY 1986-87 at $1.2bn
- Gupco Continues as Egypt's Biggest Oil Producer in 1985
- Start-up of North Yenen's 10,000-b/d Refinery Is Scheduled for April
- KPC Board of Directors Reappointed for Three-Year Term
- Sharjah Begins Gas Deliveries to Dubai Amoco
- Apicorp Registers $41mn Net Profit in 1985
- OAPEC Urges OECD to Channel Oil Savings into Aid to the Third World
- Publications Received
Financial & Banking News
- Saudi Budget Delayed by Revenue Uncertainties
- Libya's 1986 Foreign Trade Budget Decreased by 44%
- Iran Budgets for $19bn Oil Revenue
- Lebanese Bonds Well Received
- Durgan Leads First KD Bond of 1986
- ABC Arranges Two Far Eastern Deals
- Arab Bank Increases Profits
- US Releases $150mn Emergency Aid To Egypt
- IBRD Lends Morocco $68mn
- Denmark Lends Egypt $47mn
- Japan Lends Jordan $3.2mn
- IDB Lends Jordan $15mn
- OFID Lends Senegal $2mn
- Agfund Contributes to FAO and ILO Projects