VOL. XLVI

No 26

30-June-2003

IRAQ

Iraqi Exports Under Term Contracts Not Likely Until Mid-July At The Earliest

While the export of Iraqi crude stored at Ceyhan began on 22 June with the loading of 1mn barrels onto a tanker, bound for the Turkish refiner Tupras, MEES learns that the resumption of exports of newly produced crude under term contracts is not likely before mid-July at the earliest. Security and communication are still major issues facing the Oil Ministry, making prediction of export...