Iraq

UNOIP Weekly Update 05 Jan 2000

Format
Situation Report
Source
Posted
Originally published
Update for the period 25 to 31 December 1999
During the week to 31 December 1999, Iraq exported a total of 18.6 million barrels of crude oil, in fifteen loadings, for an estimated revenue of $419 million dollars. Since oil exports under phase VII began there have been 33.2 million barrels exported for an estimated revenue of $742 million.

In phase VII, the Security Council's 661 Committee has approved a total of 55 contracts for the sale of Iraqi oil with a total volume of 184.7 million barrels (104.1m Basrah Light, 80.6m Kirkuk).

The Office of the Iraq Programme has now received 1346 contracts for humanitarian supplies worth $2.84 billion under phase VI. Of the 926 contracts circulated to the Security Council's 661 Committee, 635 worth $1.3 billion have been approved. So far $1.57 billion worth of contracts for humanitarian supplies have been approved under phase IV and $1.5 billion under phase V.

At present there are 447 contracts worth $1.095 billion dollars for the purchase of humanitarian supplies on hold: in phase IV, 22 contracts worth $36.6 million dollars are on hold; in phase V, 176 contracts worth $515 million and in phase VI, 249 contracts worth $543 million.

In Phases IV to VI, OIP has received 1918 contracts worth $1.2 billion for the supply of oil industry spare parts and equipment. Of these contracts, the 661 Committee has approved 864 worth $433.2 million and put 433 worth $213.2 million on hold. (note: a full listing of humanitarian and oil sector contracts for Phases V and VI and and their current status is available on the OIP website).

Meanwhile supplies continue to arrive in Iraq. Arrivals over the past week include: 42 thousand tonnes of wheat, 4858 tonnes of detergents and soaps, 1771 tonnes of cooking oil and 300 tonnes of pulses.

For further information please contact John Mills on 1.212.963