Issue 12
Oil News
- Iran Proposes Additional 2% Cut In OPEC Output
- UN Receives $100mn of Iraqi Oil Funds and Contributions
- Iran Reduces 1Q Price Formulas
- Iran's Petrochemical Output Running at 5.5mn Tons/Year
- OECD Forecasts 6% Increases in OPEC Oil Production in 1993 and 1994
- Nazer Inaugurates Delayed Coker Unit at Port Arthur Refinery
- More on Samarec's Naphtha and Kerosene Sales
- Samarec Reduces December LPG Prices
- Saudi Arabia/Taiwan to Discuss Joint Venture Refinery Later this Month
- Suez Blend Price Formula Down 40 Cents/B against Dated Brent
- Production from Diyab Field Averages 30,000 b/d
- QAFCO to Award Contract for $400mn Expansion Project in mid-1993
- Iraq and Sudan Sign Oil Cooperation Accord
- Middle East Petroleum and Gas Conference
- Bergen Oil Conference Scheduled for May
- Publications Received
Financial & Banking News
- NCB Threatens to Sue Touche Ross
- Saudi French Bank Share Flotation Highly Oversubscribed
- Samba Will Double Share Capital via Stock Dividend
- Another Grupo Torras Affiliate Files for Receivership
- Regional Debt Service Bill Rises in 1992
- Morocco Gets $550mn EC Aid Package
- Jordan Gets Soft Loan from Italy