IRAQ OIL FOR FOOD
December 1st, 2001
BY KEITH NUTHALLIRAQ'S petroleum revenues are surging again through the UN's so-called oil-for-food programme, six months after a row over the future of the scheme had led to exports being suspended. As the scheme's 11th phase started this month, (December), during the week ending December 7, Baghdad earned an estimated Euro110 million in revenue; the previous week, Iraq had earned Euro 334 million.According to the UN, Iraqi petroleum exports in the previous phase 10 of the programme reached just over 300 million barrels. Nearly 70 per cent of that oil went to ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.