No. 13



UN Envisages Iraq Export Capacity To Rise To 2Mn B/D

The UN technical team that visited Iraq earlier this month is expected to recommend thepurchase of over $200mn worth of spare parts and equipment in order to raise Iraq's oilexport capacity from the current 1.6mn b/d to 2mn b/d, MEES understands. At today'sprices the 2mn b/d export capacity would allow Iraq to reach the oil revenue target it hasrequested of $4bn every 180 days. The UN team, composed of...