Issue 18
Oil News
- Caracas Meetings Positive on OPEC Summit
- Non-OPEC Experts Schedule London Meeting
- Oman/Abu Dhabi Monthly Assessment Prices for January Up by around $2/B
- Iran Seen Aiming for Substantial CIF Sales in European Markets
- NITC Signs Ship Repair Contract with Lisnave
- Plans Finalized for Petrochemical Complex No. 2
- Italy and Iraq Resume Economic Relations
- Samaric Announces First Products Tender
- UK Companies Attend Seminar on Yamama Offset Program
- Crude Oil Production to Start Next Year, Says Hussainoun
- IEA Adds 0.3mn b/d to 4Q Demand
- Causeway Planned to Northern Kuwait
- Oil Production Averages 846,666 B/D in Jan-Sept 1988
- Egyptian Oil Prices Remain Unchanged for First Half of February
- Production Potential of Recent Gas Discoveries Put at 795Mn Cu. Ft. Daily
- OAPEC Plans Ministerial Meeting on Egypt's Readmission
- SNEA Acquires Oil Acreage in Dair al-Zur Area
- Syria's Recoverable Gas Reserves Put at 112.5Bn Cu. Ms.
- West Mubarraz to Start Up in February
- Oman Refinery Awards Gas Recovery Unit Contract
- Jordan's 1988 Mining Profits Rise
- Netback Values
Financial & Banking News
- Kuwait Central Bank's Foreign Asset at 15-year Low
- Mid-East Foreign Debt Up 10% to $186bn in 1987
- NBK Posts Record Profits
- Samba Profits Soar by 260%
- Swiss Central Bank Closes Tamraz-linked Bank
- BP Buyback of KIO Stake Approved
- Iraq Seeks $1bn from Arab Funds for Basrah Reconstruction
- IDB Approves $23mn in Loans and Grants
- USSR Finances Sinai Power Plant
- $100mn Loans and Grants Approved for Sudan in January