VOL. XLII

No. 24

14-June-1999

IRAQ

Iraq Pins Production Expansion Plans On Arrival Of SpareParts

Iraq痴 plan to increase oil production from the currentlevel of 2.6-2.7mn b/d to around 3mn b/d by year end and approximately 3.5mnb/d in 2000 is predicated on the expectation that those spare parts andequipment for the oil industry for which contracts have been signed withinternational suppliers and approved by the UN Sanctions Committee during thepast 12 months will arrive in the months to come. Out...