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Issue 28

Oil News

  • OPEC Cut Output By 0.9Mn B/D In March
  • Saudis Inject œ1.5bn into al-Yamamah Defense Deal
  • Saudi Aramco Awards Contract for Hawtah Field Development
  • OPEC Basket Price Averages $16.74/B in First Quarter
  • No Agreement yet on Price of Syrian Light Crude in 2Q
  • IEA Downgrades 1992 Demand Projections
  • Production from Shabwa Delayed till 2H 1992
  • Iranian Output Steady in March
  • MTBE Project Selects Snamprogetti Technology
  • Algerian Government Wants to Revive Smelter Project with IDC
  • Oilinvest Buys Majority Interest in German Distribution Company
  • Occidental Acquires Interest in BHP's Offshore Gabes Permit
  • Parliamentary Committee Approves Repsol's Qena-Luxor Concession
  • Agiba Petroleum Puts Ighar Field into Production
  • IEOC's Ashrafi field to Start Production in May
  • Jordan Rejects Charge that 'Aqaba Is `Iraqi Port'
  • Sudan Lifts Product Subsidies, Fearing Libyan Oil Embargo
  • Correction
  • Netback Values

Financial & Banking News

  • Algeria Starts down Road to Economic Reconstruction
  • Kuwait Central Bank Says It Will not Pay Gulf War Compensation Claims
  • Jordanian Court Sentences Petra Bank Officials
  • Saudi International Bank Declares Big Increase in Profits

The Political Scene

  • The Political Scene

Op-Ed & Documents

  • KB's Mehdi Varzi Sees Tight Oil Market By Mid-1990s
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