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Issue 19

Oil News

  • IRAN PLANS TO MAINTAIN LONG-TERM OUTPUT CAPACITY AT 4MN B/D
  • Saudi Crude Prices for March
  • Samaric Product Tenders around 120,000 b/d
  • Saudis Deny Reports of Overproduction
  • Abu Dhabi Production Plans for March
  • Mazrouei Appointed Chairman of Joint Management Committees at ADCO and ADMA
  • Price Formula for Sarir
  • Bouri Field Producing at 20,000 b/d
  • QGPC Production, Term Contracts and February Prices
  • Chalabi Confirms End of War-Relief Crude and Criticizes Norway's Oil Policy
  • Work Starts on Yusifiya Power Plant
  • Algeria and Morocco Agree on Gas Pipeline to Europe
  • Cabinet Lists 1989 Priority Projects
  • Technoexport Awarded Contract for Desalting and Dehydration Project
  • KPC to Market Petroleum Coke Produced from Mina Abdullah Refinery
  • Kuwait to Restore National Flag to Six US-Registered Tankers
  • Kuwait Ratifies Economic and Industrial Cooperation Agreement with Denmark
  • Iran Wants To Complete IJPC Plant
  • South Yemen Invites Bids for Balhaf Concession
  • New Venezuelan Minister Sees No Need for Expansion of Downstream Refining Capacity
  • USSR Expresses Support for OPEC
  • Exploration Drilling in Jordan
  • Maghreb and Mashreq States Set Up Economic Alliances

Financial & Banking News

  • Jordan Faces Major Payments Crisis
  • ABC Returns to Profitability in 1988
  • Iraq to Pay Japanese Debt with Oil
  • Paribas Finances French Imports of Iranian Crude
  • Libya Lends $130mn to Uganda
  • Saudi Arabia Completes 1988 Aid Pledge to Jordan

The Political Scene

  • The Middle East Situation
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