VOL. XLIII

No. 21

22-May-2000

IRAQ

Iraq Targets 3Mn B/D Oil Production In 2H2000

Iraq plans to produce around 3mn b/d of crude oil approximately 1mn b/d of Kirkuk and 1.4mn b/d of Basrah Light under the oil-for-food program, plus 600,000 b/d for domestic consumption and border trade with Jordan, Turkey and the Gulf during the second half of the year under the 8th oil-for-food program that starts early next month, MEES learns. The current 7th program ends on 8 June. Baghdad produced 2.63mn b/d...