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Issue 31

Oil News

  • Iran Affirms Capacity Expansion Program Still On Track For 5Mn B/D By March 1993
  • Kuwait's Production Is Climbing Much Faster Than Expected
  • Iraq Accuses Western Powers of Blocking Oil Sales Accord
  • Iraqi Government and Opposition Reject UN Border Demarcation with Kuwait
  • Libyan Price Formulas for May
  • Egypt Raises Oil Prices for May
  • Algeria to Supply 1.8Bn Cu. Ms./Yr of LNG to Portugal; Progress Underway on Transmed and Western Gas Pipelines
  • Algeria Raises Product Prices
  • Enron, BP and Arco British Withdraw from Syria
  • 1991 Oil and Gas Output Up 3%, Net Oil Trade Revenue Down 6.5%
  • New KPC Appointments
  • NSC's Profits Surge
  • Apicorp's Assets Rise by 2% in 1991
  • Netback Values

Financial & Banking News

  • Abu Dhabi And Sharjah Close To Settling Financial Dispute Over Gas Exports
  • Kuwait Airways Agrees Financing for 11 Aircraft
  • Gulf Air Pays Steep Price for Boeing Loans
  • Kuwait Denies Reports of Intended New Borrowing
  • GIC Issues Consolidated Figures for 1991
  • Modest Increase in Syria's 1992 Draft Budget
  • Saudi Arabia Allows More Private Aid to PLO

The Political Scene

  • The Political Scene
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