Iraq

UNOIP Weekly Update 29 Feb 2000

Format
Situation Report
Source
Posted
Originally published
Update for the period 19 to 25 February 2000
During the week to 25 February, Iraq exported a total of 10.2 million barrels of crude oil, in eight loadings, for an estimated revenue of $272 million dollars. Since oil exports under phase VII began there have been 133 million barrels exported for an estimated revenue of $3283 million.

In phase VII, the Security Council Committee has approved a total of 96 contracts for the sale of Iraqi oil with a total volume of 268.3 million barrels (159.5 m Basrah Light, 108.8 m Kirkuk).

The Office of the Iraq Programme has now received 1691 contracts for humanitarian supplies worth $3.39 billion under phase VI. Of the 1285 contracts circulated to the Security Council Committee, 876 worth $1.67 billion have been approved. So far $1.57 billion worth of contracts for humanitarian supplies have been approved under phase IV and $1.61 billion under phase V.

In phases IV, V and VI, there are a total of 579 contracts for humanitarian supplies on hold. These include 20 contracts worth $34.1 million dollars in phase IV, 160 contracts worth $504.1 million in phase V and 399 contracts worth $875.2 million in phase VI. None is currently on hold under Phase VII.

In Phases IV to VII, OIP has received a total of 2180 contracts worth $1.22 billion for the supply of oil industry spare parts and equipment. Of these contracts, the 661 Committee has approved 1117 worth $ 569 million and put 568, worth $328.9 million, on hold.

Supplies purchased under the programme continue to arrive into the country. Arrivals over the past week included: medicines, vaccines for foot & mouth disease, spare parts for trucks, water pumps and high protein biscuits. In addition, 52,014 tones of wheat; 9,507 tones of pulses and about 11,500 tones of cooking oil arrived in the country last week.

(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).

For further information please contact John Mills on 1.212.963 1646