VOL. XLV

No 31

5-August-2002

IRAQ

Only A Trickle Of Iraqi Crude To US In July

MEESunderstands that only one Kirkukcargo was sold to the USin July, while another vessel loaded near the end of the month for Canada.It is also understood that four or five cargoes of BasrahLight have been loaded in July for the US, but the lifters are waiting untilthe price is fixed by the UN sanctions committee which has yet to approveJuly or August prices for Iraqi crudes to the US before selling to end-users. This...