VOL. XLII

No. 28

12-July-1999

IRAQ

Iraq痴 Oil Industry "Continues To Be In A LamentableState," Says Annan

In a frank and up-to-date report on the state of the Iraqioil industry, UN Secretary General Kofi Annan informed the Security Council on2 July that Iraq has been continuing the practice of over-production of crudeoil from wells without sufficient well pressure maintenance and as a resultapproximately 20% of the producing wells in the north and south of the countryhave been irreparably...