VOL. XXXIX No. 60 18-November-1996IRAQ

Upstream Negotiations Gather Momentum In Iraq; But Oil-For-Food Deal Meets Further US Roadblock The Iraqi oil authorities are holding a series of negotiations with foreign oil firms regarding the development of the country's upstream sector, after the UN sanctions are lifted. However, the talks are clouded by two factors. The first s the unlikely prospect in the foreseeable future of the lifting of the UN sanctions in accordance with resolution 687....