NO. 17



Iraq Receives Offers for Oil Sales, Says Hiti

Mr. 'Usama al-Hiti, the Iraqi Oil Minister, told a press conference inBaghdad on 14 January that his country has received offers from foreign oilfirms to purchase Iraqi crude oil and that contacts are underway with a numberof countries to barter Iraqi oil for foodstuff and medicine. Mr. Hiti also toldthe Baghdad-daily al-Jumhuriyah on 16 January that Iraq would have a productioncapacity this year of 3mn b/d and is...