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Issue 15

Oil News

  • WHERE HAVE ALL THE BARRELS GONE? MOSTLY INTO CONSUMPTION, SAY THE IEA AND OTHERS
  • SAUDI ARABIA BOOSTS OIL RESERVE ESTIMATES BY 85BN BARRELS TO REACH 252BN BARRELS
  • Saudi Crude Prices for February
  • HADEED to Diversify Output
  • Sonatrach and Gaz de France Sign Agreement on Gas Prices
  • Algeria's Crude Production under Quota in 1988
  • Bidboland and Mahshahr Gas Treatment Plants Resume Partial Operations
  • Elf/Aquitaine Obtains Qatar Exploration Acreage
  • BP Farms in with Hunt Oil in Jafr Concession
  • Al-Kaf Appointed Chairman of New Joint Company
  • OAPEC Holds Seminar on Arab Refining Industry
  • Publications Received
  • Netback Values

Financial & Banking News

  • AAIB and Albaab Declare Big 1987 Losses
  • Second Investment Company Chief Jailed in Egypt
  • Banque du Liban inherits another Catastrophe
  • Kuwait-French Announces Big Increase in 1988 Profits
  • Saudi Arabia and Turkey Form Holding Company
  • Tunisia Budgets Higher Revenue and Spending
  • Bahrain Projects Increased Budget Deficit
  • Saudi Trade Surplus Up in Q3 1988
  • GB Syndicates Qatari Gas Deal
  • France, Japan and World Bank Lend to Algeria
  • ADB Lends Egypt $271mn
  • KFAED Lends $23mn to Burkha Faso
  • IDB Lends $15mn to Morocco

The Political Scene

  • The Middle East Situation
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