Issue 12
Oil News
- Kuwait, Iran And Iraq Agree With Japanese On 1Q Price Formula Rollover
- Iran and Japanese Agree on Unchanged 1Q Price Formula
- Aghazadeh Explains Advance Oil Sales Policy
- Iranian Crude Output Estimated at 2.8mn B/D for November
- Nippon Steel and Tomen Awarded Contract for Salman Field
- Rumania Agrees to Import 112,000 B/D of Iranian Oil
- Israel Tells US It Bought Crude from Iran
- Fahd Stresses Adherence to OPEC Agreement
- Test Runs Start at Rabigh Refinery
- Samba Arranges Loan for Saudi Fertilizer Company
- NIC and Berzelius Metallhuetten Sign Lead Smelter Deal
- NOC Signs Offshore Production Sharing Agreement with INA-Naftaplin
- Successful Drilling of Horizontal Well at Bouri Field
- Consortium Awarded Joint Yemen Acreage
- Kuwait Price Formula and New Volumes Unchanged for 1Q Deliveries to Japan
- Iraqi Price Formula to Japan Unchanged for 1Q
- Appointment of New Undersecretary at Ministry of Oil
- Ras al-Khaimah Awards Amoco Offshore Concession
- Arco Dubai Acquires BP's Share in Margham Concession
- Qatar Ups December Price Formula by 5 Cents/B
- Qatar Contract Volumes for 1990
- Norway Reduces Output Cutback
- Sonatrach to Set up Joint Services Company with CFP
- Egypt to Produce 51.1mn Tons of Oil and Gas in 1989-90
- Output of October Field Boosted by 10,000 b/d to Compensate for Closure of Sidqi Field
- Apicorp's Board Holds Fourth Meeting for 1989 and Approves 1990 Budget
- EC Ministers Approve Mandate for Free Trade Negotiations with GCC
- Netback Values
Financial & Banking News
- Syrian Budget Shows Signs of Fiscal Strain
- Egyptian Debt Service in 1988/89 Was $1.8bn
- Iraq and Japan Settle Debt Issue, Discuss New Credits
- BNL Exposure to Iraq Estimated at $2.9bn
- Recent Aid Agreements