No. 06



Iraqi Oil Exports Average 2mn B/D in January

Iraqi crude oil exports under the UN oil-for-food programaveraged 2mn b/d (900,000 b/d Kirkuk, and 1.1mn b/d Basrah Light) in January,up 11% from 1.8mn b/d in the fourth quarter of 1998. A 22% increase in BasrahLight exports from 900,000 b/d in the fourth quarter of 1998 to 1.1mn b/d inJanuary 1999 accounted for the surge, as exports of Kirkuk crude remainedunchanged in January from the fourth quarter 1998 average...