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Issue 37

Oil News

  • ALGERIA PLANS TO BOOST GAS EXPORTS TO MAXIMUM CAPACITY
  • President Reagan Determined to Go Ahead with Re-Flagging of Kuwaiti Tankers
  • Saudi Barter Crude Volume Reaches 670,000 b/d
  • Aramco's Production Rises 54.6% in 1986
  • Ibrabim Khaberi Appointed Deputy Minister for Minerals
  • ENI Extends Exploration Agreement
  • Ruhrgas Plans to Import Algerian LNG
  • Shabwa Oil Trucked to Aden Refinery
  • Partial Resumption of Production at Abu Dhabi's Abu Bukhoosh Field
  • Nasco Shelves Joint Venture with GM
  • ADWOC's Profits Fall by Over 68% in 1985
  • Venezuela Raises Heavy Crude Prices
  • Netback Values

Financial & Banking News

  • ABC's Euro-activity Increases
  • Turkish Borrowing Popular
  • Iraq Finances Debt through Korean Notes
  • Chase Succeeds in Selling Egyptian Stake
  • Oman Issues T-Bills
  • NIC Shareholders Approve Halving of Capital
  • UAE Balance of Payments Surplus Shrinks in l986
  • GCC Current Account Deficit of $8.7bn Recorded in 1986
  • IBRD Lends Morocco $300mn
  • IDB Approves $116.8mn in Loans and Grants
  • IDB Lends $25mn to Jordan and South Yemen to Import Crude Oil
  • AMF Lends Iraq $71.7mn
  • OFID Lends $5.5mn to Peru and Caribbean Countries
  • EC Extends $40.4mn Grant to Palestinians 1987
  • West Germany Grants Somalia $46mn in 1986
  • Jordan Receives Aid from the US and West Germany
  • US Lends North Yemen $6.3mn

The Political Scene

  • The Middle East Situation
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