VOL. XLVI

No 39

29-September-2003

IRAQ

Bush Administration Requests $2.1Bn For Rehabilitation Of Iraqs Oil Industry In 2004

The US administration $87bn emergency war-spending request to Congress includes a $2.1bn allocation for the rehabilitation of Iraqs oil industry, as follows:

  • $900mn to import petroleum products (LPG, kerosene, benzene and diesel) and to establish and maintain 30-day reserve in all major products.

  • $575mn for the infrastructure repair of some 200 projects, including those...