VOL. XLIV

No 36

3-September-2001

IRAQ

Iraqi Oil Exports Normal AsWrangles Continue In Sanctions Committee

While the permanent five membersof the Security Council remain at odds about the terms of reference for Iraqioil price formulas, Iraq has been exporting at capacity, with a full programscheduled for the next three weeks. The latest UN Office of the Iraq Programpress statement indicates that Iraq痴 State Oil Marketing Organization (SOMO)exported an average of 2.4mn b/d during the week of 18-24...