Issue 52
Oil News
- TWO-MONTH THROUGHPUT LIMITATION ON SAUDI PIPELINE COULD TEMPORARILY RESTRICT IRAQI EXPORTS
- TOUGH GOING IN PROSPECT FOR OPEC
- Iran Backs $19/B by Year End; Prepares New Formula for Quota Distribution
- Kuwait's 'Ali Khalifah Says OPEC's Geneva Conference Must Deal with Quota Violations
- Subroto Favors Maintenance of Current Ceiling after October
- Lukman Says Temporary Agreement Could Be Extended for another Two Months
- BP Sees $15/B through 199O
- Australian Energy Minister Supports Market Stability
- Two Shuttle Tankers Attacked; Operations at Rumaila Normal
- Iran Rations Gasoline
- Algeria and Italy Sign Three-Year Agreement on Gas Prices and Volumes
- Second Half September Oil Prices "Provisionally" Maintained for First Half of October
- Yugoslav-Turkish Consortium to Build $1.5bn Bekhme Dam and Power Plant
- Hyundai to Build Sharjah Pipe Plant
- ADNOC-FOD Reduces Diesel Price
- King Fahd Inaugurates Power and Cement Plants
- Hido Appointed Head of Petroleum Marketing Department
- Note:
Financial & Banking News
- Mexico Reaches Agreement with Banks
- Egypt Hopeful about New IMF Credit Facility
- Shaikh Salem al-Sabah Appointed Governor of Central Bank of Kuwait
- First National Chicago To Close Abu Dhabi Branch
- Sharq Signs $107.6MN Two-Tranche Loan
- AFESD Lends Sudan $51mn
- Japan Grants Sudan $17.5mn
- US Provides Aid to Jordan
- US Lends Oman $14.5mn
- West Germany Provides Morocco with $38.6mn Soft Loan