Issue 13
Oil News
- JAPAN'S MITI SETS QUOTA GUIDELINES FOR CONTRACT PURCHASES OF IRANIAN OIL BY JAPANESE FIRMS
- GCC SUMMIT CALLS FOR ADHERENCE TO OPEC OFFICIAL PRICES WITHOUT DISCOUNTS
- Saudi Arabia, Indonesia and Venezuela Serve Notice on Violations of OPEC Agreement
- No Christmas Respite in Shipping War
- Hunt to Start Production from Azal Field in 1988
- New Exploration Efforts Underway In North Yemen
- PDO Announces New Oil Discoveries in South and Central Oman
- Abu Dhabi's ZADCO and UDECO to Merge with Japanese Assuming Bigger Operational Role
- Details of CFP/Total-Unocal-KUFPEC East Shabwa Concession Permit
- Terms of Total's Bishri Concession
- Agip Signs First Agreement under New Hydrocarbons Law
- Sonatrach Ships LNG Cargo to US
- US Renews Economic Sanctions
- Continental Shelf Agreement Ratified
- Brazil and Iraq Sign $1.2bn Trade Protocol
- India Takes Iranian Crude
- Sri Lanka to Buy Iranian Crude
- Qatar and Bahrain Agree to International Arbitration to Settle Border Dispute
Financial & Banking News
- UAE Unveils Delayed 1987 Federal Budget
- Iraq's Revenues Seen outstripping Iran's in 1987
- Year-end Sees Flurry of Deals Signed
- Eximbank Restores $200mn Short-Term Credit for Iraq
- KIO Raises Stake in BP To Over 17%
- Riyad Bank Acquires 29% of Saudi Swiss Bank
- UAE Finances Construction of Second Stage of Marib Dam
- KFAED Lends Vietnam $15mn
- BADEA Provide$ $25.6mn to African Countries
- IDB Lends Jordan and South Yemen $20mn for Crude oil Imports