VOL. XL
No. 49
8-December-1997
IRAQ
SOMO Concludes Two More Oil Contracts With Russian Firms; Annan Reports 14 CountriesLifting Iraqi Crude Oil
Iraq's State Oil Marketing Organization (SOMO) has signed two more contracts,subsequently approved by the UN overseers, with Russian oil firms. The contracts, to belifted by 4 December, are with Zarubezhneft (1.2mn barrels of Kirkuk - the cargo wasoriginally sold to Mobil which canceled because SOMO delayed the lifting schedule) andRosneft (500,000...
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