VOL. XLII

No 47

22-November-1999

IRAQ

Iraqi Oil Contracts In Sixth Phase Average 2.16Mn B/D, SaysUN Secretary General

UN Secretary General Kofi Annan informed the SecurityCouncil on 12 November in his biannual report on the oil-for-food program thatIraqi oil sales contracts during the sixth phase totaled 389mn barrels (2.16mnb/d), with revenue reaching approximately $7.2bn. The report, which providesinformation up to 31 October, indicates that 80 contracts were approved by theUN, involving...