Issue 42
Oil News
- UN Reports Recommend Limited Lifting of Oil Sanctions Against Iraq: Current Export Capacity Estimated at 1Mn B/D
- IEA Projects Annual Increase of 1.7% in World Oil Demand till Year 2005
- API Reports Drop in US Crude Imports and Consumption in First Half of 1991
- Japanese Demand for Petroleum Products to Rise 10.4% by FY 1995, Says MITI
- Gas Developments and Discoveries in Libya
- Rumania's Petrom Starts Development Drilling at Murzuk Field
- G-7 Statement on Energy
- Initial Repairs to Mina al-Ahmadi Refinery to Be Completed in August
- Kuwait Signs Contract with China for Fire-fighting Work
- Saudi Arabia to Provide Turkey with Extra $1bn in Free Crude Oil
- Samarec Wants to Adjust LPG Price Formula to Respond to Exceptional Market Volatility
- Algeria's Sonatrach to Supply LNG to Portugal
- Qatar Refers Territorial Dispute with Bahrain to ICJ
- Apicorp to Help Finance Syria's Gas Lines
- The Cloud Over Kuwait
Financial & Banking News
- Abu Dhabi Goes on the Offensive
- Abu Dhabi Financial Authorities Face Credibility Test, not Just from BCCI
- Arab Banking Corporation Reiterates Support for Hong Kong Subsidiary
- Kuwait's Financial Committee in London; First Foreign Borrowing Imminent
- Kuwait's Council Proposes KD20,000 for Each Family
- Chemical and GIC Submit Lowest Bid for Qatar Advisory Contract
- Mubarak Clarifies New Elements in $8bn Assistance Package