Issue 25
Oil News
- KUWAITI OIL MINISTER ADVOCATES 1.5MN B/D RISE IN OPEC OUT- PUT CEILING FOR SECOND-HALF 1989
- No OPEC/Non-OPEC Meeting Planned for 31 March
- OPEC Statement on February Production
- US Opposes Dialogue with OPEC
- Japanese Buyers Finalize 2Q Crude Contracts with Kuwait with 40-cent Price Increase, while Negotiations with Iran Continue
- KPC's Board Members Re-Appointed for Three-Year Term
- Kuwait Hikes Crude and Products Supply to India
- Sonatrach Signs New LNG Contract with Boston's Distrigas
- Aghazadeh Claims Qatar's North Gas Field and Other Gulf Offshore Fields Extend into Iranian Waters
- NIOC Asks Japanese Trading Houses for Prepayment Credit Facilities for Oil Sales
- Iran Exports Top 2mn b/d in February
- IPIC's Stake in CEPSA Rises to 12%
- Austria's OMV Signs Exploration Contract with Jordan
- IEOC Group's Amended Nile Delta Concession
- Netback Values
Financial & Banking News
- Iranian Budget Allows Foreign Loans
- Kuwait Doubts Debt Ceiling, Slashes Deficit Forecast
- Kuwait Asia Bank Shows Recovery
- World Bank Lends $156mn to Algeria, Morocco and North Yemen
- IDB Lends $63mn
- BADEA Lends $34mn to Three Countries
- OFID Loans and Grants