VOL. XLII

No. 35

30-August-1999

IRAQ

Iraqi Oil Sales Contracts For Phase Six Average 2.06Mn B/D

The UN has so far approved contracts signed between IraqsState Oil Marketing Organization (SOMO) and international companies for avolume of 371.5mn barrels (206.3mn Basrah Light and 165.2mn Kirkuk), accordingto the UN Office of the Iraq Program(OIP). There is one more contract pendingwith OIP which needs some correction, and will soon be circulated to theSanctions Committee. It involves the export of...