VOL. XLV

No 14

8-April-2002

IRAQ

IraqiOil Exports Remain At Low Level As Sanctions Committee Ponders Future Action

Iraqicrude oil exports under the UN humanitarian program held steady in March ataround 1.77mn b/d, compared to 1.78mn b/d in February and an average of 1.71mnb/d in 2001. According to the UN Office of the Iraq Program, there are now 143approved oil purchase contracts for 344mn barrels of oil in the current 11thphase of the oil-for-food program. Of the total volume of approved oil,...