VOL. XLIV
No 41
8-October-2001
IRAQ
Security Council ApprovesPiecemeal Price Arrangements For Iraqi Oil
The Security Council remains splitfor the third consecutive month over the mechanism for Iraqi oil priceformulas, with no uniform agreement on October formulas or how Iraqs State OilMarketing Organization (SOMO) should propose its prices, whether on a weekly,bi-weekly or monthly basis. The only agreement reached so far is that theSecurity Council should ask the overseers to prepare a weekly...
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