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Issue 36

Oil News

  • Kuwaiti Oil Minister Confirms $17-19/B Price Target
  • IEA Again Raises 1986 Demand Estimate
  • Norway Pursues Oil Contacts with OPEC Members
  • Iran Projects Export Revenues at $l0bn in 1986-87
  • Pakistan Renegotiates Price of Iranian Crude
  • Iraq Attacks Two Iranian Shuttle Tankers; Telecommunications Stations Damaged
  • US House of Representatives Orders US Oil Companies to Leave Libya
  • Suez Gulf Dominates Egyptian Oil Scene
  • Egypt Reconsiders Atomic Energy Program in Aftermath of Chernobyl
  • KNPC Registers Net Profit of $207mn in 1984-85
  • Red Sea Mining Project Awaits Green Light from Saudi Government
  • NDC Drills 110 Wells in 1985
  • Parra Sees Turn Around in Oil and Energy Markets
  • Publications Received

Financial & Banking News

  • Egypt Considers Subsidy Cuts
  • JIMEE Sees Continuing Saudi Budget and BoP Problems
  • BIS Sees Lower Deficit for Mideastern OPEC
  • Lebanon Releases Reserve Requirements
  • KAB, UGB Earnings Slip
  • Storm Clouds Gather over Latin American Debt
  • OPEC States Disburse $55bn ODA in 1977-83
  • Agfund Provides $l.2mn to Three UN-Sponsored Programs
  • IBRD/IDA Lend $73.7mn to Jordan and North Yemen
  • USAID Grants Oman $5mn

The Political Scene

  • The Middle East Situation
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