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Issue 09

Oil News

  • OPEC Gets Back On Quota Track
  • OPEC's ECB Forecasts 1.2mn b/d Growth in for OPEC Demand Crude Supply in 1993
  • Samarec Concludes New Round of Two-Year LPG Supply Contracts
  • Nimir Petroleum Acquires Interest in Sakhalin Prospect
  • Major Expansion at Jazan Port
  • SABIC to Boost Production Capacity
  • Saudi Aramco Awards Contract for Zuluf Platforms
  • UN Security Council Retains Sanctions against Iraq
  • Iraqi Oil Minister Inaugurates New LPG Bottling Plant
  • UN Completes Installation of Markers along Kuwait-Iraq Border
  • Libyan Price Formulas for December
  • Egypt Raises December Crude Oil Prices by 5-10 Cents a Barrel
  • Sonatrach Signs Oil/Gas Contract with Louisiana Land and Exploration
  • BP Spuds First Well in Antufash Offshore Block No. 23
  • AFPC attains Output of 400,000 b/d Ahead of Schedule
  • EGPC Awards Oil Concession to a Private Egyptian Company
  • SCA Offers Discounts of 45-55% to Tankers in Ballast
  • Tunisia's Belli Oilfield Comes on Stream
  • Iran to Trade Gas for Azerbaijan Gas Oil
  • Oman's Crude Oil Production Averages 750,000 b/d
  • Netback Values

Financial & Banking News

  • Debt Settlement Will Cost Kuwaiti Government $900mn in Interest in 1992
  • UAE Federal Government to Spend Dh4.6bn Completing Projects
  • KIO to Sell Majority Shares in Chemical Companies to Freeport McMoRan
  • Kuwait Finance House and Gulf Bank Make Losses

The Political Scene

  • The Political Scene (30 November1992)
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