Issue 38
Oil News
- New Algerian Government; Ait-Laoussine Appointed Energy Minister
- Iran Targets US for Sales of 300,000-400,000 b/d of Crude; Treasury Approves Chevron Request to Import Iranian Crude
- Iran Raises 3Q Price Formula for Iranian Heavy Supplies to Japan
- Major Reshuffle in Ministry of Oil
- UN Compels Iraq to Pay for its Disarmament; Belgium to Head Compensation Fund Governing Council
- OPEC's Production Capacity Should Reach 35mn b/d by 2,000, Says Dr. Subroto
- Kuwait Oil Minister Confirms Resumption of Oil Production
- Kuwait Spends $3mn Daily on Fire-Fighting Work
- Saudi Aramco Output Surges 29% in 1990
- Ibn Zahr Finalizes Contracts for Polypropylene and MTBE Projects
- Norsk Hydro Relinquishes Management of QAFCO
- Harken Energy Awards Drilling Contract to German Firm
- PDO Announces New Gas Discovery in North Oman
- 1990 Oil and Gas Output Up 2.4%, Net Oil Export Revenues Rise 37%
- Publications Received
- Correction:
Financial & Banking News
- Kuwait Airways Will Use Commercial Finance to Buy New Aircraft Worth $2bn
- Italian Banks Sign Loan Agreements for Algeria Worth $2.7bn, as Plans to Restructure Debt Are Revived
- National Bank of Sharjah to Decide on Future Strategy
- Emirates Airlines Uses Only UAE Banks for Latest Aircraft Purchase
- Central Bank of Kuwait Hesitates to Lift Restrictions on Deposit Withdrawals
- Bank al-Jazira Declares Fourth Consecutive Annual Loss