Update for the period 26 February to 3 March
2000
The United Nations has begun implementation of the accelerated
procedures for the approval of contracts for humanitarian supplies for Iraq on 1 March
2000. Since then, 30 humanitarian contracts, under phases VI and VII, worth $233.5
million, were approved.
During the week to 3 March, Iraq exported a total of 12.1 million
barrels of crude oil, in eleven loadings, for an estimated revenue of $330 million
dollars. Since oil exports under phase VII began, there have been 145.1 million
barrels exported for an estimated revenue of $3,623 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 271.8 million barrels (163 m
Basrah Light, 108.8 m Kirkuk).
The Office of the Iraq Programme has now received 1695 contracts for
humanitarian supplies worth $3.41 billion under phase VI. Of the 1301 contracts circulated
to the Security Council Committee, 894 worth some $1.7 billion have been approved. So far,
some $1.58 billion worth of contracts for humanitarian supplies have been approved under
phase IV and $1.62 billion under phase V.
In phases IV, V and VI, there are a total of 580 contracts for
humanitarian supplies on hold. These include 20 contracts worth $34.1 million dollars in
phase IV, 159 contracts worth $503.4 million in phase V and 401 contracts worth $884.3
million in phase VI. None is currently on hold under Phase VII.
In Phases IV to VII, OIP has received a total of 2207 contracts worth
$1.25 billion for the supply of oil industry spare parts and equipment.
Of these
contracts, the 661 Committee has approved 1143, worth $ 598.2 million and put 572, worth
$330.7 million, on hold.
Supplies purchased under the programme continue to arrive into the
country. In addition to the regular food basket items, arrivals over the past week
included: oil spare parts, dental equipment, books on various subjects, agriculture tires,
irrigation units, broiler hatching eggs and feed concentrate.
