VOL. XLII

No. 23

7-June-1999

IRAQ

Iraq Trucks 2Mn Tons Of Crude Oil To Private Turkish FirmsOutside Oil-For-Food Program

On 1 June, Iraq started trucking crude oil to 29 privateTurkish firms to effect repayment of $81mn in outstanding debts owed to them byBaghdad, according to the Anatolian News Agency on 25 May. The deal, totruck 2mn tons of crude oil over a two-year period (20,000 b/d), was signed inBaghdad on 27 April by Mr. Mehmet Aslan, chairman of the Gaziantep Chamber ofCommerce and the...