VOL. XL
No. 41
13-October-1997
IRAQ
Marc Rich Denies Sale Of Iraqi Crude To Israel
Oil trader Marc Rich has strongly denied a recent report in MEES (29 September)- attributed to "market sources" - to the effect that it had sold a cargo ofIraqi Basrah Light to Israel. In this connection, a statement faxed to MEES by Mr.L.W. Grimes of Marc Rich Investment Ltd. had the following to say:
"A comment appeared in the 29th September edition of Middle EastEconomic Survey regarding a cargo of Iraqi crude...
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