NO. 29



Iraq Can Return To Pre-War Production Capacity Within Six Months, SaysHiti

Mr. Usama al-Hiti, the Iraqi Oil Minister, told reporters at the IPEC/OPECmeeting in Muscat last week that his country will be able to return to itspre-war production capacity of 3.25mn b/d and to export around 2.7mn b/d somesix months after the UN embargo ends. "I believe it should not take us morethan six months to come up to that level of exports. We will immediately go intoEurope,...