Issue 40
Oil News
- Commercial Operations at IPSA-2 Will Start in September
- Saudi Crude Prices for August
- 3Q Saudi Crude Prices for Mediterranean Deliveries
- SABIC Seeks Chemical Joint Ventures in Europe
- HADEED Signs Contract for New Steel Plant
- Petromin Refines Mahd al-Dhahab Gold in Australia
- NIC/Chlorine Group Sign Contract for Saudi Battery Plant
- QGPC Maintains Price Formula Unchanged for June
- QGPC Exchanges Stake in Dunkirk Petrochemical Plant for Interest in Norsolor Holding Company
- International Consortium Studies the Construction of a $300mn Ferro-Alloy Smelter at Umm Said
- Oman/Abu Dhabi Monthly Assessment Prices for June Down by around $0.34/B
- Japanese Customers to Lift 160,000 b/d in Third Quarter
- Iran's Cooperation Agreement with USSR Worth $16bn
- Prices Raised by $1.00/B for First Half of July
- Total to Spud First Wildcat in Bishri Concession this Month
- Publications Received
Financial & Banking News
- Saudi Banks Arrange $660mn Loan for PIFÂ
- CBE Issues Development Bonds
- Nabulsi Details Jordan's Foreign Debt
- Egypt and IMF Edge towards Agreement
- New Bahrain Company to Focus on European Investments
- KFTCIC Returns to Profit in 1988
- Investcorp's New Fund Is Oversubscribed
- KFAED Lends $60mn to Tunisia and Jordan
- Faqih Heads Arab Monetary Fund