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Issue 42

Oil News

  • OPEC TO HOLD PRICE COMMITTEE MEETING IN EARLY AUGUST
  • Production from Bouri Offshore Field Delayed until August
  • Libyan Crude Oil Prices for August
  • Saudi Arabia Retains Price Formula for August
  • SABIC's Ibn Zahr Plant Starts Test Production
  • All Quiet on the Water Front
  • Otaiba Says Cease Fire will Boost Oil Prices
  • Gabon to seek Higher Quota
  • GPC Signs Letter of Intent with Nuovo Pignone for North Field Gas Project
  • Qatar Maintains Price Forms Unchanged for July
  • KPC's Estimated Profits to Fall by 30% in 1988-89 Budget
  • Committees Established to Draft Proposals for Regional Cooperation
  • Alba to Conduct Feasibility Study on Expansion Project
  • APPA Holds Third Ministerial Meeting
  • Bapetco Awards Contracts for Gas Line
  • Production from Hamaz Field Total 146,000 Barrels in 1987
  • GCC-EC Talks to Resume in September
  • Kamel Confirmed as Minister of Industry
  • Netback Values

Financial & Banking News

  • Syria's 1988 Budget Appropriations to Rise By 20%
  • Jordan's Current Account Deficit Soars in 1987
  • Saudi Banks' First Half Desalts Show Higher Earnings
  • QNB Returns Record Profits in 1987
  • IME Central Bank Official Calls for Bank Mergers
  • New Blood for Saudi Cairo Rank
  • ARIG's Loss from North Sea Disaster Might Rise to $20mn
  • IBRD aside Algeria $211mn

The Political Scene

  • The Middle East Situation
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