No. 04



Expected Rise In Value Ceiling Will Boost Iraqi Oil Exports AsFrom March

MEES soundings indicate that the supplementary oil-for-food program that will bepresented by UN Secretary General Kofi Annan to the Security Council in the next few daysprovides for a two-stage increase in the value ceiling for Iraqi oil exports. The firstwill start in early March with the beginning of the second 90-day phase of the current180-day program on 6 March, and the second on 3...