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Issue 44

Oil News

  • ALGERIA TO BOOST GAS SALES TO USA
  • MORE OPEC LEADERS CAUTION AGAINST OVER PRODUCTION
  • Iraq & Sets $17.50/B Official Price of Basrah Light at Turkish Mediterranean Terminal
  • Venezuela again Increases Crude Prices
  • Indonesia Increases Heavy Crude Prices
  • Egypt Raises Prices by $1.00/B from 1 August
  • Oil Flow Normal through the Gulf; France Bans Iranian Oil Imports
  • KPC's Estimated Revenues Rise by 4.2% in 1987-88 Budget
  • Japanese Buyers Increase Contract Liftings from Kuwait
  • Technical Fault Causes Fire at Shuaiba Refinery
  • Iraq Appoints New Ministers
  • France Denies Plans to Rebuild Nuclear Reactor
  • North Yemen to Decide Shortly on Establishment of Oil Marketing Company
  • Muftah Ma'bad Appointed EGPC Chairman
  • China to Purchase Iranian Crude
  • Alba Invites Bids for First Phase of Expansion Project
  • The Unified Arab Economic Report, 1986
  • Netback Values

Financial & Banking News

  • Kuwaiti Budget Boosts Spending Despite Stagnant Income
  • Jallud Says Libya Is suffering from Severe Budget Deficits
  • Saudi Arabia and Libya Increase Foreign Bank Deposits
  • ABC Profits Drop Despite Lower Provisioning
  • RIC Issue Signed
  • Arab Aid Commitments Total $1.8bn in 1986
  • IDB Lends Pakistan and Tunisia $2bn
  • FAO Grants Somalia $3bn
  • Venezuela and Mexico Renew Oil Aid to Central American Countries

The Political Scene

  • The Middle East Situation
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