VOL. XLII

No. 14

5-April-1999

IRAQ

Iraqi Oil Exports In March Dip To 1.87Mn B/D

Iraqi oil exports under the oil-for-food program declined to1.87mn b/d in March (820,000 b/d of Kirkuk and 1.05mn b/d of Basrah Light)compared to 2.10mn b/d in February, according to UN figures. Industry sourceshave attributed the reduction in volume to the cancellation of several liftingsbecause of the overpricing of Kirkuk crude to Europe. For the secondconsecutive month, Kirkuk crude is being sold to third parties...