Update for the
period 15 to 21 April 2000
During the period 15 to 21 April Iraq
exported 16.4 million barrels of oil for estimated revenue of $351 million.
This brings the total volume exported in phase VII to 228.5 million barrels
for revenue of around $5.47 billion.The total number of contracts approved for
the sale of oil under phase VII which began on 11 December remains at 99. The
approved volume is 330.12 million barrels (193.37m Basrah Light and 136.75m
Kirkuk).
Since the accelerated procedures for the approval of contracts for
humanitarian supplies for Iraq came into force on 1 March 2000, the Office of
the Iraq Programme has notified the 661 committee of 301 applications, worth
$765.44 million. These contracts are for items on the lists approved by the
Committee in the food, health, education and agriculture sectors.
Over the past week the Office of the Iraq Programme received five contracts
deemed to included possible dual- use items affected by the provisions of
resolution 1051 (1996). The cumulative total of applications under this
category in phases IV to VII is now 87.
On the humanitarian side, the Security Council’s 661 Committee has approved
$5.676 billion dollars worth of contracts in phases IV to VII and put $1.437
billion on hold for the same period. In phases IV to VII, OIP has received a
total of 2,335 contracts worth $1.286 billion for the supply of oil industry
spare parts and equipment. Of these contracts, the 661 Committee has approved
1402, worth $728.49 million and put 567, worth $319.363 million, on hold.
This brings the total value of contracts on hold in the humanitarian and oil
sectors to $1.756 billion.
Humanitarian supplies and equipment for the oil industry continue to arrive
normally through the three land border points and the Iraqi port of Umm Qasr.
Arrivals included: 40,993 tonnes of wheat, 11,446 tonnes of sugar, 17,840
tonnes of baby foods and formula milk, 10, 957 tonnes of rice, plus a range of
medicines and pharmaceutical products. Other arrivals included tyres and
tubes, lab furniture, body scanners (MRI), veterinary medicines, irrigation
units, electric generators, hospital beds and electrocardiographs.
