Issue 47
Oil News
- Market Remains Nervous About Winter Prospects Despite Removal of Soviet Oil Supply Threat
- Aghazadeh Delivers Message from Iranian President to Saudi Arabia and other Gulf Producers
- Spain's Repsol Buys Kuwait's Second Crude Export Cargo
- Kuwait Signs on Hungarian Fire-Fighting Firm
- Algerian Government Proposes Law Amendment to Avoid Double Taxation for US and Japanese Oil Companies
- First Japanese Exploration Venture in Algeria
- Turkey Expects Iraqi Oil Export Pipeline to Reopen in Mid-September
- New Contracts in Prospect for Saudi Capacity Expansion Scheme
- Iran to Sell 40,000 b/d of Crude to China
- Yemen Signs Gas Utilization Protocol with Hunt/Exxon
- Oxford Energy Seminar to Begin on 2 September
- Netback Values
Financial & Banking News
- Abu Dhabi Royal to Buy Out BCCI's 40% Stake in Former BCC (Emirates)
- Saudi Arabia Reported to Have Signed $1.5bn Loan for Soviet Union
- Indosuez to Start Arranging Finance for Gulf Air's Airbuses this Autumn
- Societe Generale Presses Ahead with Dutch and Belgian Credits for Iran
- ALUBAF Shareholders Underwrite Capital Increase and Subordinated Loan
- New Egyptian Banking Law Will Give Central Bank Extensive Powers
- Iran Records High Growth and Lower Inflation in Last Financial Year
- Egyptian Budget Shows Reduced Deficit Based on Higher Tax Revenues