Office of the Iraq Programme Oil for Food

7 June 2000

Oil-for-Food Background Information

Update for the period 27 May to 2 June 2000

During the period 27 May to 2 June Iraq exported 19.6 million barrels of oil for revenue estimated around $499 million. This brings the total volume exported in phase VII to 330.1 million barrels for revenue of around $7.934 billion. Since the inception of the Programme on 10 December 1996, Iraq has exported nearly 1.817 billion barrels for $28.67 billion.

The total number of contracts approved for the sale of oil under phase VII, which began on 12 December, remains at 102. The approved volume is 383.74 million barrels (226.27m Basrah Light and 157.47m 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 436 applications, worth $948.165 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 10 contracts deemed to include possible dual-use items affected by the provisions of resolution 1051 (1996). The total of applications under this category in phases IV through VII is now 120 out of 7,878 contracts have been submitted to the 661 committee.

On the humanitarian side, the Security Council’s 661 Committee has approved $6.329 billion dollars worth of contracts in phases IV to VII and put $1.333 billion on hold for the same period. In phases IV to VII, OIP has received a total of 2,544 contracts worth $1.388 billion for the supply of oil industry spare parts and equipment. Of these contracts, the 661 Committee has approved 1669, worth $837.402 million and put 515, worth $315.719 million, on hold.

For the fifth consecutive week, the total value of contracts on hold in the humanitarian and oil sectors has fallen and is now $1.648 billion.

Humanitarian supplies and equipment for the oil industry continue to arrive normally through the three land border points and at the Iraqi port of Umm Qasr. Arrivals included nearly 60,000 tonnes of wheat, around 23,000 tonnes of rice, almost 8,000 tonnes of cooking oil and 16,000 tonnes of pulses along with tea, sugar, infant formula and detergents. Apart from a range of medicines, and health equipment other arrivals included: broiler protein concentrate, potassium sulfate, polypropylene bags, pipes fittings, tires and spare parts for tractors.

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Produced for media and public information – not an official United Nations Document
For further information please contact Hasmik Egian, OIP - NY, 1.212.963.4341

Oil-for-Food Background Information		Update for the period 27 May to 2 June 2000 During the period 27 May to 2 June Iraq exported 19.6 million barrels of oil for revenue estimated around $499 million. This brings the total volume exported in phase VII to 330.1 million barrels for revenue of around $7.934 billion. Since the inception of the Programme on 10 December 1996, Iraq has exported nearly 1.817 billion barrels for $28.67 billion. The total number of contracts approved for the sale of oil under phase VII, which began on 12 December, remains at 102. The approved volume is 383.74 million barrels (226.27m Basrah Light and 157.47m 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 436 applications, worth $948.165 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 10 contracts deemed to include possible dual-use items affected by the provisions of resolution 1051 (1996). The total of applications under this category in phases IV through VII is now 120 out of 7,878 contracts have been submitted to the 661 committee. On the humanitarian side, the Security Council’s 661 Committee has approved $6.329 billion dollars worth of contracts in phases IV to VII and put $1.333 billion on hold for the same period. In phases IV to VII, OIP has received a total of 2,544 contracts worth $1.388 billion for the supply of oil industry spare parts and equipment. Of these contracts, the 661 Committee has approved 1669, worth $837.402 million and put 515, worth $315.719 million, on hold. For the fifth consecutive week, the total value of contracts on hold in the humanitarian and oil sectors has fallen and is now $1.648 billion. Humanitarian supplies and equipment for the oil industry continue to arrive normally through the three land border points and at the Iraqi port of Umm Qasr. Arrivals included nearly 60,000 tonnes of wheat, around 23,000 tonnes of rice, almost 8,000 tonnes of cooking oil and 16,000 tonnes of pulses along with tea, sugar, infant formula and detergents. Apart from a range of medicines, and health equipment other arrivals included: broiler protein concentrate, potassium sulfate, polypropylene bags, pipes fittings, tires and spare parts for tractors.
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