VOL. XXX

NO. 4

03-November-1986

IRAQ

Iraq Trucks Crude Oil to Yugoslavia

Iraq on 17 October began trucking Kirkuk crude oil to Yugoslavia via Turkey,with the volume expect ed to reach 350,000 tons by the end of the year, worth anestimated $40mn. Moreover in 1987 the value of these overland deliveries isexpected to reach around $200mn. The counter-trade deal is understood to involvepayments to the Yugoslav firm Generalexport for construction projects undertaken in Iraq and to the Turkish transport...