No. 11

13 March 2000


Iraqi February Production Rises To 2.59Mn B/D

Iraqi crude oil production rose from 2.18mn b/d in January to 2.59mn b/d in February, close to the 1999 average of 2.542mn b/d. Total exports in February under the oil-for-food program averaged 1.99mn b/d, with domestic processing and exports to Jordan accounting for around 600,000 b/d. To date, 96 oil-sale contracts have been approved under phase VII for a total of 271.8mn barrels (163mn barrels of Basrah Light...