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Issue 26

Oil News

  • OPEC LOOKS SET FOR SECOND-HALF QUOTA CEILING INCREASE BUT PROBLEMS REMAIN OVER DISTRIBUTION
  • Iran and Japanese Customers Agree on 40-Cent Increase on 2Q Price Formula
  • Iraq and Japanese Buyers Agree on 25 Cent/B Increase on 2Q Price Formula
  • Iraq Starts Product Exports from Gulf
  • East Baghdad Oilfield to Start Up
  • Umm Qasr Port to have 10 New Berths
  • Kuwait and Thailand Agree on Plan for Joint Venture Oil Projects
  • Polish Prime Minister Says Kuwait Is Interested in Investing in Gdansk Refinery Project
  • Government Gas System Expansion Nearing Completion
  • Resurgence in Oil Demand Necessitates Middle East Peace, Says Prince Hasan
  • Amended Concession Agreements with Conoco, Amoco and Phillips
  • Egyptian Oil Prices Raised by $0.90/B for First Half of April
  • Snamprogetti Wins Contract to Double Capacity of Bizerte Refinery
  • Indian Imports of Abu Dhabi Crude to Rise to 1mn Tons
  • Apicorp's Total Assets Fall by 10.8% in 1988
  • OAPEC's Judicial Tribunal Postponed Hearing on Iraqi-Syrian Pipeline Dispute
  • The International Conference on the Persian Gulf
  • Netback Values

Financial & Banking News

  • Qatar Trims Spending and Budget Deficit
  • BAII Shareholders Take Over Its LDC Debt
  • Inter-Arab Trade Fund Established with AMF support
  • Kuwait T-Bill Issue Increases Debt
  • Egypt Gets $30mn from IDB, Canada
  • AMF Lends $13mn to Iraq, Plans Changes
  • King Fahd Donates SR30mn to South Yemen

The Political Scene

  • The Middle East Situation
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