VOL. XLI

No. 20

18 May 1998

IRAQ

Confusion Surrounds Iraqi Oil Exports In June As Baghdad Submits Distribution PlanTo UN

Iraq's UN Ambassador Nizar Hamdoon announced on 14 May that his country has submittedto UN officials in Baghdad a $4bn distribution plan for the fourth oil-for-food program.Theoretically, the plan needs to be reviewed by the UN Secretariat and approved by theSecretary General before the fourth program is launched on 3 June. Iraq's State OilMarketing Organization (SOMO)...