VOL. XLI

No. 47

23-November-1998

IRAQ

Iraq Requires At Least Two Years And $2Bn To Reach Pre-War ProductionLevels

Projections on how quickly and how efficiently Iraq can regain itspre-Gulf War oil production capacity have been overly optimistic, according to NathanielKern, President, Foreign Reports, Inc. in his speech delivered on 2 November atGeorgetown University in Washington DC entitled "Iraq After Sanctions: Oil andReconstruction". Mr. Kern says that there are two scenarios that must be...