VOL. XXXV

NO. 23

9-MARCH-1992

Iraq

Elf and Total Confirm Contacts with Iraq on Potential Oil DevelopmentDeals

The two leading French oil companies - Elf and Total - have been engaged inpreliminary talks with Iraqi officials on possible future oil exploration anddevelopment contracts on a production sharing basis after the UN sanctions arelifted.

The two companies came out with these confirmations on 4 March after theFrench weekly Le Cunard Enchaine had published a lengthy article detailingtheir...