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Issue 17

Oil News

  • Saudi Arabia Maintains High Production Level; Plans Gulf Tanker Shuttle
  • Saudi Aramco/Ssangyong Amend Refining Joint Venture
  • SABIC Says "Business as Usual" despite Gulf War
  • Yamani Sees Bleak Outlook for Oil Prices
  • Construction of East Shabwa Export Pipeline Completed
  • Elf/Aquitaine Strikes Oil in Offshore Block No.6
  • Iraq's Refineries Shut Down; Tankers Attacked
  • Contichem Cancels Charters for Iraqi LPG
  • Jordan Continues to Import Iraqi Crude for Local Consumption
  • Sonatrach Issues Tender for Construction of Two LPG Plants
  • PDO Signs Letter of Intent with Saipem/CCC for Lekhwair Gas Line Network
  • Israel to Continue to Buy 40,000 b/d of Egyptian Crude
  • Terms of Occidental's Al-Nabk Concession Agreement
  • Correction:
  • Middle East Shipping Curtailed by War and Rising Insurance Premiums
  • LNG Trade Increased by 12.5% in 1990
  • NPF Holds the Sixth European Gas Conference Next May

Financial & Banking News

  • Japan and Germany Share Greater Burden, but Immediate Costs May Be Exaggerated
  • Kuwait to Lend Soviet Union $1bn
  • Banks Bear Brunt of Anti-Western Terrorist Attacks
  • Industrialized Nations Give Commitment on Egyptian Debt Write Off
  • Correction
  • Alba's ECGD and Coface Credits Still Suffering Delays
  • Oman Budgets for Cautious Growth During New Five Year Plan

The Political Scene

  • The Political Scene
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