Issue 09
Oil News
- Nazer Affirms Saudi Arabia Will Keep Production Level Unchanged In 1Q 1992
- OPEC Continues Quota-Free Output For 1Q 1992; Delays Decision on 2Q Till February
- Saudi Aramco/Total-CFP Deal Delayed by Competition between French Companies
- NIC Issues SR300mn in New Shares to Founding Shareholders
- Chevron Farms Out 40% Interest to Agip in Yemen's Shabwa Block No.3
- Shaikh Khalifah Forms New Abu Dhabi Executive Council
- EGPC to Market Unleaded Gasoline in 1992
- Iran Signs Contracts for $1.5bn Aluminum Smelter
- Poland and Hungary to Buy Iranian Crude Oil
- Iran Awards Khorasan Petrochemical Contract to Kellogg
- Egypt Reduces Oil Prices for First Half of December
- Egypt to Invite Bids for Kuraimat Power Station Early next Year
- Oman Launches National Shipping Line
- Gulf Oil Spill Exaggerated, Says UN Official
- Samedan Awarded Exploration Contract in Gulf of Hammamet
- Publications Received
- Netback Values
Financial & Banking News
- Kuwait's Jumbo Loan Raised to $5.5bn
- ASRY Pays 1% over Bahrain Interbank Rate for 6 1/2 Year Loan
- Al-Hamrani Looks to the Future with New SR200mn Facility
- Kuwait Fund Lends Syria KD37mn for Telephone Project
- Kuwait to Pay Final Gulf War Contribution in December; Total War Cost $23bn
- Algeria Calls In Companies' Illegal Foreign Exchange Holdings
- Algeria's Current Account Swings into Surplus