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Issue 10

Oil News

  • OPEC'S PROSPECTIVE ROLL-OVER QUOTA ACCORD FOR 1988 WILL CONTINUE TO EXEMPT IRAQ
  • IRAN FINALIZES DECEMBER DISCOUNTS TO JAPANESE CUSTOMERS
  • North Yemen Sells Government Crude to Mobil, Agip and Yukong
  • North Yemen Inaugurates First Crude Export Pipeline
  • Agreement to Establish Joint Exploration Company
  • Iraq Produces 2.83mn b/d in November
  • Proved and Probable Reserves Put at 140bn Barrels
  • Iraq and Brazil Sign Trade Agreement
  • Another Fierce week in Shipping War
  • Distrigas Initials Trunkline-Style LNG Settlement
  • 3Q OECD Demand Rises by 1.7%
  • Work Starts on Domestic Gas Line
  • 1986 Crude Oil Production by Company and Field
  • Publications Received
  • Netback Values

Financial & Banking News

  • Egypt Takes Steps to Regulate Islamic Finance Companies
  • Egypt Devalues exchange Rate for Soviet Trade
  • Sudan Threatens Its Banks
  • Egypt Signs Rescheduling Deal with Germany
  • GIB Arranges $100mn ECP for Oman
  • Algeria to Receive $609mn in US Farm Credits
  • IDB Lends Algeria $15mn
  • OFID Lends $9mn
  • West Germany and Finland Extend Aid to Egypt

The Political Scene

  • The Middle East Situation
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