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Issue 47

Oil News

  • OPEC PRESIDENT PROPOSES 10 SEPTEMBER MEETINGS FOR COMMITTEES ON QUOTAS AND PRICES
  • Saudi Arabia Delays Plans for Oil Industry Restructuring
  • Petromin Notifies Japanese Customers of 20% Cut in September LPG Deliveries following Ju'aymah Plant Fire
  • Saudi Arabia and Sweden Agree on Underground Oil Storage Project
  • Kuwait Temporarily Halts Spot Sales to Keep within OPEC Quota
  • 1986: 19 Oil and Gas Discoveries, 11 New Fields Put into Production
  • July Assessment Price for Oman Crude Set at $17.90/B
  • Iraq and Brazil Extend Oil-for-Vehicles Deal
  • Iraq and US Sign Trade Agreement
  • Mitsui Seeks Extension of IJPC Insurance
  • Peugeot Talbot Terminates Manufacture of Car Kits for Iran
  • Second Convoy Moves Out of Gulf
  • NRA Declares Kisha Gas Discovery Commercial
  • Ninth Oxford Energy Seminar to Begin on 31 August
  • The MEED Middle East Financial Directory 1987
  • Netback Values

Financial & Banking News

  • Bahrain's 1986 Budget Deficit Rises to $19.5mn as Oil Revenues Fall
  • Argentina Secures Favorable Terms on $34bn Deal
  • Venezuela Secures $3.5bn in Commercial Credits
  • Rafidain Bank Doubles Capital After 20% Profit Increase
  • GIB to Raise $10mn ECP for Oman
  • IDB Lends Algeria $6.6mn
  • US Lends Egypt $123mn

The Political Scene

  • The Middle East Situation
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